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Scope of Income & its Tax structure

Particulars Ordinary Non Ordinary Non
  Resident Resident Resident
  Taxable Income Y/N
Income received in India whether accrued in or outside India Y Y Y
Income deemed tobe received in India whether accrued in or outside India Y Y Y
Income accrued in India whether received in or outside India Y Y Y
Income deemed tobe accrued in India whether received in or outside India Y Y Y
Income (other than business or profession setup in India) accrued or received outside India Y N N
Income from business setup in India accrued or received outside India Y Y N
Income remitted to India Y N N
Past untaxed income remitted to India N N N
Agriculture income from agricultural Land N N N
Gifts received in cash or kind by relatives N N N

Admin- Rajen Gala

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