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Chapter 2 - Coggle Diagram

- - - - If not satisfied
        NON RESIDENT
      - If satisfied
        RESIDENT
        
        condition for RNOR:
        Non resident in 9/10 yrs
        and
        729 or less days spent in last 7 years
        
        if satisfied NOR
        
        If not satisfied OR
      - EXCEPTION
        120 days in PY + 365 days in 4PY
        
        indian citizen crewship employment outside inida :
        
        indian citizen or origin visting india total income exceeding 15 laks othe than foreign income
  - - - If yes RESIDENT
      - IF not NON RESIDENT
  - - - If not satisfied
        NON RESIDENT
      - If satisfied
        RESIDENT
        
        If karta is ROR
        
        HUF is ROR
        
        HUF is RNOR
  - - - If yes RESIDENT
      - If not NON RESIDENT
      - POEM : If key management is in india
- - - - 1.Received in India
        
        Accrued in india
        
        arised outside india only if that income from business proffestion in india
    - - Received in india
        Arised in india
        outside india NO
    - - 1.Received in India
        
        Accrued in india
        3.arised outside india
  - - - taxable in hands of all parties
      - once receipt done over dont consider subsequent receipt
    - - accrue: Right to receive
      - Due: right to enforce
  - - - business connection
        
        if somone contracts delivers goods securing orders wholly on behalf of NR
        
        Agents or brokers not business connection
      - Property asset or source of income in india
        
        arising from property in india whether movable immovable tangible intangible always taxable
      - capital asset situated in india
        
        taxable in all cases
        
        company shares which derives it value from asset situated in india, if divident earned from the shares then its not deemed to accrue :warning:
      - Significant economic presense
        
        Non resident
        
        goods or services with any person in india incl downloadable data and software
        
        payment >2 crores
        
        Signifivant economic presense
        
        doing business with users in india
        
        Users > 3 Laks
        
        exemption :!:
        
        purchase of goods for export
        
        collection of news
        
        shooting ciniema
        
        mining diamonds on SNZ
    - - deemed to accrue including leave or rest salary preceeding succeeding service rendered in india
    - - Except allowance and perquisites :warning:
    - - Taxable in the hands of shareholders
    - - government
      - resident
        
        exemption :warning:
        paid on business outside india
        income source outside india
      - Non resident
        
        only when
        paid for business in india
        or income source in india
    - - deemed to be accrued in india