38. Taxation of Indian & Foreign Income | Relationship between Residential Status & Incidence of Tax

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Dear Sir and his team, You did an amazing job and I really appreciate it. Sir, I just wanted to let you know how much I appreciate your teaching style. You have a unique ability to break down complex concepts and make them easy to understand. I am so grateful to have you as a teacher. I always feel more confident in my understanding after attending your classes, and I deeply appreciate the effort you put into making each lesson meaningful. Your kindness is immensely valued 🥰.

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[@Jasx_12]

Sir me apke toe touch Krna chahta hoon Ap tax inter ik toh free me and itni achi tarah se smjhaate ho khoon me run krne lgti hai tax sir ap bhot ache insaan ho apko meri well wishes lage ❤

[@StudyAtHome]

Thank you so much for your kind words! 😊

[@dhaneshagarwal170]

Sir Apne Iss Tarah Se Residential Status ka concept smjhaya hai ke lgta hai conceptually dimag me ghul gaya hai concept aur study material ke questions solve itne aaram se ho rhe hai All Thanks To You Sir...... Lots Of Thanks Respect And Love For You Sir ❤❤❤❤❤❤

[@StudyAtHome]

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[@MKSingh-dm7ze]

Incidence of tax on different types of assesses so beautifully explained. No parallel on KZbin.

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​@@StudyAtHomesir on which lecture you taught section 9

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Sir aap bahut mehnat karke humhe padate ho thanks sir

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Aap bhi utni mehnat aur lagan se padhiye tb mera aise padhna sawal ho jayega

[@akanshavishwakarma1547]

Great conceptual clarity😊 Thank you Sir❤

[@StudyAtHome]

You're most welcome! 😊🙌

[@Krishan8444]

sir question 14 me 2020-21 me bhi to stay hai uska 1.4.2020 to 31.12.2020.aur sir 19-20 me stay 151 days ka hoga

[@fcamehak]

152 ka hoga 2020 leap year hai

[@simranbisht7388]

@@fcamehak exactly

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Sir i am big fan of salman khan and now i am also big fan of ur lectures sir.....😊

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[@maitri-23]

Thanks a lot sir..full conceptual clarity 🙏 ❤

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Always welcome

[@seemakesharwani9353]

Heyy From where you are doing advance accounts ?

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Thankyou so much sir ❤you are teaching skills amezing ✨ bestest best Teacher ❤

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Your words mean a lot. 😊

[@kaushik..123]

53:22 aj to mera birthday ha gift to mera bnta hii ha ..😅🤣🤣🤣🤣😂😂😂😂😅 like my younger brother nice class sir 🥰🥰😇😇

[@ritikjaiswal107]

Very well explained sir properly understood 👍🏻 🙏🏻

[@Meatmoon]

Let me tell you Tourist: A person who see the places Traveller: A person who visit the places, who feel the places.. Be a traveller not tourist

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thank u sir.....for another wonderful session.....❤

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Excellent delivery sir

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Thnq so much sir for giving those precious lectures to us 😊😊😊

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Sir i love your teaching style😊

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I'm delighted to hear that! 🙌

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Thanks sir for all your efforts and being consistent ❤❤

[@StudyAtHome]

Always welcome! 😊🙌

[@priyamayursakpal9662]

Hello Sir, love ur style of teaching and such clarity in the topics is truly amazing. However Sir, please correct me if m wrong, Question 14 states 1-11-2019 to 31-12-2020, so the PY needs to break up from 1-11-2019 to 31-3-2020 which is 151 days and 1-4-2020 to 31-12-20 which is 275 days. Shouldn't these dates be included? Kindly advise.

[@Param_rishi_kapil]

True...152 says as 2020 is leap year But sir ne rectify karvaya que me to sahi h sir ka

[@ameetopiwala7255]

Thank you so much sir for the wonderful lecture 😊

[@StudyAtHome]

Most welcome!

[@ayogesh789]

I think there is a mistake in calculating the number of days 1:01:02 The number of days will be as follows; "before rectification of question" 23-24=153 22-23=274 21-22=0 20-21=275 19-20=152 18-19=184 17-18=123 please solve the question as per these days . please correct me if i am wrong .

[@StudyAtHome]

In PY 19-20 From 1/11/19 to 31/12/19 = 61 days

[@ayogesh789]

Got it...sir corrected the question in middle .

[@trueone357]

Macha Diya sir n 😂 jhakaas

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Thank you! 😊

[@kgrvkt]

Thank you so much sir❤.

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Most welcome!

[@kritikeshari2525]

Sir, in case of income is deemed to accrue in India, gifts are received only from an OR or either RNOR or ROR?

[@mishraji4287]

thanks a lot sir ji

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❤❤thank u sir....

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Welcome!!

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You are the best ❤

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Thanks 😇

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You are god of tax

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😇

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Sir yor are the great 😊

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Thank you so much! 😊 Your appreciation means a lot to me!

[@prakashroy1780]

Thanx sir🙏🏻💜💞

[@StudyAtHome]

Most welcome

[@KJ_517]

Sir deemed to be accrued in india ke module mein aur bhi cases hain pls explain them also

[@clubmodicarian]

Thank you so very much sir,, it's so valuable lecture. Sir mera ek sawal hai, koi NRI kitna Amount india me la sakta hai?

[@StudyAtHome]

Depends wo foreign country kitna allow karti hai. India koi restriction nhi lagati.

[@Armaan-j9o]

Very nice excellent 👌

[@StudyAtHome]

Thanks a lot

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Super sir ji 🎉🎉🎉❤❤❤

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Thank You!✌️

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Thanks for your effort sir❤

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It's my pleasure! Keep watching! 😊🙌

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thank you sir for your efforts

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Well done sir 👍👍

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Thank you! 🙌

[@nripendraku]

Awesome sir ❤❤❤❤

[@StudyAtHome]

Thank You!🙌🙌🙌

[@ShaikMahboob777]

1:01:11 Sir , illustration 14 mein 1-11-2019 to 31-12-2020 diya huwa hai but aap only(1-11-2019 to 31-12-2019) 61 days liye , Once pls check and reply sir

[@StudyAtHome]

It's not 31-12-20 but 31-12-19.

[@sourabhcricketer459]

​@@StudyAtHomesir but question me 31-12-2020 hai

[@souvikdey2087]

Lovely sir

[@StudyAtHome]

Thanks

[@Anujha_10]

Sir i have 1 query thats is .... 10:50 Deal sign india me hui h to Accure bi india me honi chahiye na apne accrue in dubai kia h how ? Kyunki eshh se phele hi apne 09:24 X ,Y wale example me batya tha ki " Deal sign agar india me hui h to india me hi accure hogi to maine ussi basis se ask kia h ki accure india me hogi ya dubai me ?

[@Anujha_10]

Now I understood that the answer is on the basis of place of deal and place of performance and the performance has taken place in Dubai , That's why accrue happened in Dubai.... Thanks for this Astounding session sir really I enjoy income tax 💗🙈

[@StudyAtHome]

You're welcome! Glad you understood it!😄🙌

[@Anujha_10]

@@StudyAtHome 🙈

[@DipikaMahal]

Thank you sir😊

[@StudyAtHome]

You're welcome!😊

[@RandhirDubey-g6w]

Sir qus no 14 me aur actual jo print hai book ka latest publication ka jo hame mila hai usme thoda sa change hai. Aap jo solution diye wo new publication me jo qus no 14 hai uske hisab se diye but aap abhi video me jo padha rahe ho uske hisab se mera solution ka answer ROR answer aya and therefore mera GTI 80000 aya. Video me jo qus no 14 hai usme Mr x 1-7-19 se 31-12-20 tak india me raha hai and accordingly wo 19-20 me india me 152 days raha hai aur 20-21 1-4-20 se 31-12-20 tak 275 days raha hai. And isliye Mr X second basic condition satisfy karke resident ban gaya and wo last 7 years me he 2 time se jada resident and more than 730 days india me reh gaya hai so ye ROR ban gaya

[@RandhirDubey-g6w]

Sir apka qus solve karne ke pahle mai khud se try kiya ki sahi aa raha hai ki nahi aur mera answer apke answer se alag aya and kyu alag aya wo rectify apne video me kara diya 2020 ki jagah 2019 karna tha aur ye baat mujhe pura video dekhne ke bad pata chala jab mai qus no 14 solve karke apka pura video dekha qus no 14 ka.. Hehehe mera to popat ho gaya 😅😅😅

[@MamtaMakale]

Sir abhi apne 14no. Vale sum me computation of GTI kiya as it is solve krna hai exam me? Present kaise kare?

[@sapantpradhan]

sir.. i have a company and i m sending few candidates in germany for training and the german company has raise a invoice from germany. the foreign company does not have any business setup in india in this case if i remit bill settlement amt to germany does it is taxable to german company in india and do we have to deduct TDS on this transfer.... kindly advice sir

[@ravindranpillai5441]

I am sr.citizen resident of india, apart from india earning , i am getting a foreign remittance as a Formulation consultant ,is it taxable ?

[@advika6992]

0:59

[@SrishtiGoel14]

thank you sir

[@StudyAtHome]

Most welcome!

[@ShrutiYadv]

Sir kya Indian Embassy walo ki income foreign ki bank mein receive hoti h to kya unko India mein or foreign ki government ko dono ko tax dena padta h?

[@gettimeplease1146]

Thank you sir 🙏 Sir one question... If my place of performance in USA And the performance fees received in two parts , advance amounts received in India... and left received in USA ....? AND LOTS OF LOVE AND RESPECT ❤️❤️

[@StudyAtHome]

Taxability depends on the India-USA treaty and domestic laws. As per the treaty, income from professional service is taxed where the service is done. This means that the entire amount of your performance fees will be taxable in the USA, even if the advance amount was received in India.

[@gettimeplease1146]

@@StudyAtHome thank you sir ❤️

[@shivasurya7008]

​@@StudyAtHomeBut we don't have these specific treaties in Intermediate syllabus... Which means if similar question comes in exam then we must treat it as Indian income as receipt is in India. Is that right Sir?

[@kopalmittal7799]

Deemed to be accrued in india mein 4th point RNor recievd gift from R , but sir ye point indian income hai ya ni ye check karne ke liye hai. aur indian income or foreign income to hum NR k liye dekhte hai , toh usme RNOR and R mein provisionkyun

[@StudyAtHome]

Kindly mention the time stamp.

[@CS-BANTI.]

Sir aagar koi income tax officer hona chahega to kya kya study karna padega

[@StudyAtHome]

You will have to check the official website for the required syllabus and exams.

[@CS-BANTI.]

@@StudyAtHome ok sir ☺️❤️

[@CA_FINALIST_Sundari_K]

DO THE INCOME TAX BOOK CONTAIN QUESTIONS FROM RTPs, MTPs AND PAST PAPERS?

[@StudyAtHome]

It has practical questions but not RTPs, MTPs and PYQs. You can get those questions from icai.org.

[@advika6992]

18:58

[@madhavvats7571]

Sir agr koi person foreign income earn krta h . And vo income uski india me bhi taxable hai and foreign me bhi . Then kya usko countries me same income pr 2 baar tax pay krna pdega???

[@StudyAtHome]

Ek country me tax dega aur doosare country me relief mil jayega. Don't think about all these as these are covered under International Taxation which is not in your course.

[@fcamehak]

income from profession in Kenya which was set up in India, received there but spent in India. sir ye income non resident ke liye taxable kyu nahi hai? iska set up to India mein hai na

[@StudyAtHome]

plz share the time stamp

[@fcamehak]

@@StudyAtHome sir it's not in the video but it's a question from new edition ICAI Module Iollu 8 page 2.32

[@irolygupta]

Namaste Sir, Sir, RNOR is to pay taxes on gifts received by Indian residents over 50,000/-. Will the whole amount be taxed or up to 50,000 will it be exempt and the balance taxable, Please?

[@StudyAtHome]

whole amount taxed

[@irolygupta]

@@StudyAtHome thank you so much sir.

[@rohiit_i7]

Sirji namaste 🙏 Sir Mene DT ki Book purchase kiya h but abhi tak delivered nhi hu ha !!

[@StudyAtHome]

Kindly drop a message on WhatsApp number 7776012345 regarding this.

[@pranavsingh5572]

Maja aa gayay

[@StudyAtHome]

Bahut accha laga sunke!

[@KitabeeOrg]

Hello sir! Ek doubt tha, What will be the type of income, if the income was earned and received outside India in September,2023 and then remitted in India in February, 2024?

[@KitabeeOrg]

this will also be Foreign Income right?

[@StudyAtHome]

Yes foreign income

[@agraj.samoye]

Take a look here.... 55:20

[@nripendraku]

20:31 😂😂😂😂😂😊😊😊😊

[@Why_only_Atul]

Sir ji aap Switzerland gye h kya, bhaut example lete h 😅😅 whi ka

[@StudyAtHome]

Yes

[@avijitsen6329]

Sir agar mera total income ( indian salary + foreign freelance work ) 300000 se kaaam ho...merako tax dena padega?????

[@StudyAtHome]

No

[@avijitsen6329]

@StudyAtHome thank you so much..

[@rohitjindal1356]

Sir abhi currently my graduation is completed am i eligible to give ca inter directly??

[@StudyAtHome]

Yes!

[@sourabhcricketer459]

sir 14th question me 2019-20 me vo 1-4-2020 se 31-12-2020 tak rha hai

[@sourabhcricketer459]

2019-2020 me 151 days

[@aryantrivedi2313]

Is this video relevant for cs executive new syllabus plzz someone reply????

[@StudyAtHome]

Yes it is, complete playlist is there for full course

[@technicalidbhai]

How many students did combo ca intermediate group one class from ca raj k Agrawal reply to me I want to buy ca intermediate group one

[@bikramkesharipanda6884]

An Indian Resident pay tax from outside of India income. NR why pay tax in Indian when income received in India , he also a residence of his country and hen can pay tax his country

[@ShivamKshah_278]

sir , Que 14 mei apne galt solve kr dia h, period of stay 1/11/2019 to 31/12/2020 h or apne period of stay 1/11/19 to 31/12/19 lik dia h answer mei. thik h sir apne bad mei rectify kerwa dia..😊😊

[@villagetourmastistudy7674]

Sir book kaise provide hogi

[@StudyAtHome]

You can check book from here: www.studyathome.org/products/income-tax-book-ay-2024-25-by-ca-raj-k-agrawal/

[@subodhkumargupta9478]

Dear Mr. Raj Please share your mobile or email to seek some query on Residential Status. Hope you provide consultancy for filing income tax return. I watch your videos regularly and are very interesting to me. I am quite aged but like your approach of teaching. Regards Subodh Gupta

[@partha146]

🙏🙏

[@SahilKumar.05]

If Indian movies earn outside india. Is tax only in India

[@StudyAtHome]

Income from Indian movies made abroad is usually taxable in India, but it can also depend on the tax agreement between India and the country where the income was earned. Taxpayer may be able to claim deductions on any taxes paid in the foreign country.

[@atalpower]

I F S not I A S

[@KritikaGarg305]

mjbhjbjb

[@KritikaGarg305]

...............

[@KritikaGarg305]

...

[@samsimsam6001]

Thank you so much sir for the wonderful lecture 😊

[@StudyAtHome]

You're most welcome! 😊

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Thank you sir for the lecture ❤.

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You're most welcome! 😊

[@saniyamehandistudio8828]

Thank you so much sir 🙏🏻😌😌

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Most welcome

[@demon04x]

Thank you sir ❤🙌🏻

[@StudyAtHome]

Welcome

[@divyanshisolanki593]

Thank you sir ✨💐

[@StudyAtHome]

You're Welcome!

[@rekhaprajapati3582]

Thank you so much sir❤🙏🙏

[@StudyAtHome]

Most welcome😊🙌

[@user-hayat_rampuri]

thank you so much sir

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You're most welcome!

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Thank you sir

[@StudyAtHome]

It was my pleasure to assist you!😊

[@Turborsr-ul8by]

Thank you sir 🙏