Bird’s Eye view of the ‘Scope of Total Income on the basis of Residential Status’ Concept of taxation Non-Resident Taxation Provision of Income Tax Act, 1961 Section 5 Provision deals with Calculation of Total Income on the basis of Residential Status Scope of total income on the basis of Residential Status – Section 5 of … Read more

Bird’s Eye view of the ‘Special Provisions for Foreign Company said to be resident in India- Section 115JH’ Concept of taxation Non-Resident Taxation Provision of Income Tax Act, 1961 Section 115JH Provision deals with Taxation of Foreign Company which is resident in India Special Provisions for Foreign Company said to be resident in India – … Read more

Bird’s Eye view of the ‘Place of Effective Management (POEM) in India’ Concept of taxation Non-Resident Taxation International principle Place of Effective Management (POEM) Applicability of POEM Engagement in “Active Business Outside India” Topics Covered under Place of Effective Management (POEM) in India Meaning Of Place Of Effective Management (POEM) Non Applicability Of POEM (Place … Read more

Bird’s Eye view of the ‘Residential Status of Company’ Concept of taxation Non-Resident Taxation Provision of Income Tax Act, 1961 Section 6- Residential Status Types of Residential Status Resident Non-Resident Factor for determining residency Place of Effective Management (POEM) Residential Status of a Company – Introduction Residential status of a company, is an important factor … Read more

Bird’s Eye view of the ‘Residential Status of HUF’  Concept of taxation Non-Resident Taxation Provision of Income Tax Act, 1961 Section 6- Residential Status Types of Residential Status Resident and Ordinarily Resident (ROR) Non-Resident and Ordinarily Resident (NROR) Non-Resident Factor for determining residency Place of Control and Management i.e. Residential Status of Karta Residential Status … Read more

Bird’s Eye view of the ‘Residential Status of an Individual’ Concept of taxation Non-Resident Taxation Provision of Income Tax Act, 1961 Section 6- Residential Status Types of Residential Status Resident and Ordinarily Resident (ROR) Non-Resident and Ordinarily Resident (NROR) Non-Resident Factor for determining residency Duration of stay within Indian territory Residential status of an individual, … Read more

Bird’s Eye view of the ‘Residential Status- Section 6’ Concept of taxation Non-Resident Taxation Provision of Income Tax Act, 1961 Section 6- Residential Status Residential Status Section 6 – The quantum and applicability of tax on a person, depends upon the Residential Status of such person. Under the Income Tax Act, 1961 : – Person … Read more

Introduction to Non-Resident Taxation Although extensive literature has been provided for the taxation of Residents of India, taxation of non-residents is just as important. This article introduces the reader to the concept of ‘non-resident’ and other terms that he will encounter while learning about this concept and its other facets. It also further delves into … Read more