CA (Chartered Accountants) Interview Question:

Explain incidence of tax in the case of resident but Not-ordinarily resident?

Submitted by: Murtaza

Income which is received or deemed to be received in ABC in the previous year.
• Income which accrues or arises or is deemed to accrue or arise in ABC during the previous year.
• Income which accrues or arises outside ABC from a business controlled or profession set up in ABC.
• Income received outside ABC from a business controlled or profession set up in ABC.
Submitted by: Murtaza