Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Resident status wise incomes taxable

Resident status wise incomes taxable

Resident status wise incomes taxable / not taxable in India

Nature of incomeResidential status
Resident and ordinarily residentResident but not ordinarily residentNon-resident
Income which accrues or arises in IndiaTaxedTaxedTaxed
Income which is deemed to accrue or arise in IndiaTaxedTaxedTaxed
Income which is received in IndiaTaxedTaxedTaxed
Income which is deemed to be received in IndiaTaxedTaxedTaxed
Income accruing outside India from a business controlled from India or from a profession set up in IndiaTaxedTaxedNot Taxed
Income other than above (i.e., income which has no relation with India)TaxedNot TaxedNot Taxed

Incomes deemed to be received in India

Following incomes are deemed to be received in India:

  1. Interest credited to recognized provident fund account of an employee in excess of 9.5% per annum.
  2. Employer’s contribution to recognized provident fund in excess of 12%.
  3. Transferred balance in case of reorganization of unrecognized provident fund.
  4. Employers’ Contribution to the account of the employee in case of notified pension scheme referred to in section 80CCD.

Resident status wise incomes taxable



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