Income deemed to accrue or arise in India - Section 9

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..... Capital Asset situated in India Sec 9(1)(ii) Salary earned for services rendered in India Sec 9(1)(iii) Salary Payable by government to Indian Citizen for services rendered outside India Sec 9(1)(iv) Dividend paid by Indian Company Outside India Sec 9(1) (v) Interest, if payable by From Person resident in India Exceptions If the money borrowed and used or technical services or royalty services ar .....

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..... gregate of such money exceeds ₹50,000 which is chargeable to tax u/s 56(2)(x). However this does not include transfer of property outside India without consideration or inadequate consideration to a non-corporate non-resident or foreign company. substituted by F.A. 2023 , In section 9(1)(viii) of the Income-tax Act, the following clause shall be substituted with effect from the 1st day of Ap .....

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..... er July 5, 2019 or a person not ordinarily resident in India and sum of money is received on or after the 1st day of April, 2023 The transaction is not covered by any of the exceptions specified by section 56(2)(x). If these conditions specified, money received (Exceeding Rs. 50,000 per financial year) by the Non-resident/ Foreign company/ person not ordinarily resident in India) shall be deemed t .....

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