Taxation of Income of Non Residents Under Direct Tax Laws

Description Get the 7th Edition (2024) of ‘Taxation of Income of Non Residents Under Direct Tax Laws‘ by Ram Dutt Sharma, an in-depth 1464-page guide. ISBN: 9789356037366. Available with a flat 27% discount and free shipping for a limited time. Published by Commercial Law Publishers, this book is essential for understanding non-resident income taxation under direct tax laws. Chapter Content Page 1 Introduction 1 2 Non Resident : Scope of Total Income[Section 5(2)] 11 3 Residential Status [Section 6] 19 4 Indian Citizen who is not liable to Tax in any other Country or Territory shall be Deemed to be Resident in India [Section 6(1A)] 44 5 Residential Status of a Hindu Undivided Family, firm or other Association of Persons [Section 6(2)] 48 6 Residential Status of a Company [Section 6(3)] 51 7 Determination of Place of Effective Management (POEM).. 68 Concept of Place of effective management (POEM) 70 8 Different Residential Status in Respect of different Previous Years of the same Assessment Year not Possible [Section 6(5)] 94 9 Resident but not Ordinarily Resident (RNOR)) [Section 6(6)] 95 10 Non Resident Status under Foreign Exchange Management Act, 1999 (FEMA) 100 11 Income Deemed to Accrue or Arise in India [Section 9(1)] 109 12 Incidence of Tax in Respect of Non-Resident 111 13 Incomes of Non-Resident Indians (NRIs) which do not form Part of Total Income (Exempt Income) )[Section 10)] 123 14 Exemption of Income of a Non-Resident from Transfer of Non-Deliverable Forward Contracts, Offshore Derivative Instrument [Section 10(4E)] 136 15 Computation of Income of Non Resident 144 16 Income from Salary of a Non-Resident Indian 151 17 Income Falling under the Head Salaries – if it is Earned in India [Section 9(1)(ii)] 177 18 Income Falling under the Head Salaries – if Payable by the Government to a Citizen of India for Service Outside India [Section 9(1)(iii)] 181 19 Taxation of Seafarer Income in India 187 20 Taxability of Secondment of Employees 201 21 Income from House Property of a Non-Resident 208 22 Income from Business or Profession of a Non-Resident 215 23 Income from Business Connection in India [Section 9(1)(i)]…….. 225 24 Certain Activities not to Constitute Business Connection in India [Section 9A] 250 25 Deduction of Head Office Expenditure in the Case of Non-Residents [Section 44C]. 265 26 Applicability of Permanent Establishment (PE) in India and its Impact 281 27 Liaison Office of a Foreign Company in India 359 28 Special provision for Computing Profits and Gains of Shipping Business other than Cruise Shipping in the Case of Non-Residents [Section 44B] 382 29 Special Provision for Computing Profits and Gains of Business of Operation of Cruise Ships in case of Non-Residents [Section 44BBC] 392 30 Shipping Business of Non-Residents – Levy and Recovery of Tax [Section 172] 393 31 Computing Profits and Gains in Connection with the Business of Exploration, etc., of Mineral Oils [Section 44BB] 416 32 Computing Profits and Gains of the Business of Operation of Aircraft in the Case of Non-Residents [Section 44BBA] 437 33 Computing Profits and Gains of Foreign Companies Engaged in the Business of Civil Construction, etc., in Certain Turnkey Power Projects [Section 44BBB]. 443 34 Income from Other Sources of a Non Resident. 454 35 Dividend Paid by an Indian Company Outside India Taxable in India [Section 9(1)(iv)] 458 36 Income by way of Interest Payable by – the Government of India, or by a Resident or a Non-Resident in Certain Situations [Section 9(1)(v)] 462 37 Income by way of Royalty which is Payable by – the Government, Resident or by a Non-Resident [Section 9(1)(vi)] 470 38 Special Provisions for Computing Income by way of Royalties, etc., in the Case of Foreign Companies [Section 44D] 496 39 Special Provision for Computing Income by way of Royalties, etc., in Case of Non-Residents [Section 44DA] 516 40 Income by way of Fees for Technical Services (FTS) [Section 9(1)(vii)] 523 41 Deemed Accrual of Gift Made to a Person Outside India by Resident [Section 9(1)(viii)] 546 42 Income from Capital Gains of a Non-Resident 550 43 Purchase of Immovable Property by Non-Resident Indian in India – Income Tax Implications 590 44 Residents – Purchase a Property Abroad – Income Tax Implications 598 45 Taxation of Income Received by Non-Resident Indian from Foreign Currency Assets [Section 115AB] 604 46 Tax on Income from Bonds or Global Depository Receipts Purchased in Foreign Currency or Capital Gains Arising from their Transfer [Section 115AC] 610 47 Tax on Income from Global Depository Receipts Purchased in Foreign Currency or Capital Gains Arising from their Transfer [Section 115ACA] 619 48 Tax on Income of Specified Fund or Investment Division of an Offshore Banking Unit or Foreign Institutional Investor from Securities or Capital Gains Arising from their Transfer [Section 115AD] 627 49 Tax on Investment Income and Long-Term Capital Gains [Section 115E]……………………………………………………….. 639 50 Capital Gains on Transfer of Foreign Exchange Assets by a Non-Resident Indian (NRI) not to be Charged in Certain Cases [Section 115F] 644 51 Double Taxation Avoidance Agreements (DTAA) 652 52 Agreement with Foreign Countries or Specified Territories [Section 90] 681 53 Adoption by Central Government of Agreement between Specified Associations for Double Taxation Relief [Section 90A] 697 54 Countries with which no Agreement Exists [Section 91] 701 55 “Tax Residency Certificate” (TRC) 708 56 Transfer Pricing [Section 92 to 92F] 739 57 Safe Harbour Rules [Section 92CB] 569 58 Reference to Dispute Resolution Panel [Section 144C] 772 59 Mutual Agreement Procedure (MAP) – An Alternative Dispute Resolution Mechanism 812 60 Concept of Most Favoured Nation (MFN) Clause 870