The obligations on Non-Residents Of India To File Tax Return For The Year 2024

Understanding the obligations under the Indian Income Tax Act involves a list of tasks, including determining residential status, assessing chargeability of income, understanding tax rates, making tax payments, filing income tax returns, and responding to tax authorities. For residents, the scope extends to global income, while non-residents, including foreign companies, are liable to taxability of Non-resident in India solely on, non-resident tax planning services income accruing or arising within the country, or received therein.