Income Tax : Tax is a financial burden on any person. One cannot do financial planning without considering the tax liability. Every person devo...
Company Law : CA Paras Mehra 1.0 Introduction In this article, we shall discuss the practical aspects about the lending power under the Nidhi Co...
Goods and Services Tax : Since now the demonitization is finally settled down, the next hot issue shall be the implementation of GST until and unless the B...
Income Tax : After banning the 500/1000 currency notes, there were panic all around the country. Everybody was running for solution but no one ...
Goods and Services Tax : The time has come when history is unfolding itself on 8th November, 2016. The government has launched the GST system portal to sta...
CA Paras Mehra Mr Ashish Ranjan, developer, started his business in Hong Kong. Since he was good at marketing, his business soon started generating profits. Ashish, through his Hong Kong Company expands his business in India and incorporates a company which is fully controlled by Hong Kong Company. Ashish, because his business was doing well, […]
With over 20 million in population and with investment size of over US$4000 million in last 10 years, NRI plays an important role in Indian Growth history. NRI are those individuals who are the citizen of India but are resident outside India. We often overlook the term NR with NRI. However, both the terms are very much different and Indian legal system has different set of laws for both of them.
Assessee is an employee of a Canadian Company. He went to Canada on 1st March, 2013 and he came back to India on 2nd October, 2013. Then on 17th November, 2013 he again went to Canada and came back on 22nd November, 2013. Assessee was paid salary outside India and that was also in a Bank Account which is also operated outside India. It also to be noted that during the period of stay in India, neither salary was paid in India nor any other payment was received by the employee from the company in India.
