Asset Located outside India Acquired by NR out of income not chargeable to tax in India – Section 2(11)
Asset Located outside India Acquired by NR out of income not chargeable to tax in India – Section 2(11) In certain cases, a person may have been a non-resident at the time, when he acquired the foreign asset out of foreign his genuine sourced income. Subsequently, such person may become a resident in India, and … Read more