amit arun associates
Home Contact Us Site Map
Home about us Latest News Contact us

Fixed Assets Verification Services

Payroll Processing Service

Employee Benefit Administration

Tax Consulting

Foreign Direct Investment

File GST & E-TDS Returns

Taxability of Dividends, Interest, and Rental Inco

Posted @ August 16, 2015, 8:59 am under (Expat Taxation Services)

Dividend from shares held in Indian Companies and specified Mutual Funds are exempt from tax. However in case of a resident, dividend income from investments outside India is taxable, subject to treaty benefits. Expenses incurred specifically for earning such taxable investment income are deductible.
In case of a resident, interest income from foreign investment is taxable in India, subject to treaty benefits.
Any overseas rental income is subject to tax in India. The expenses incurred in paying any municipal taxes and mortgage interest and a standard deduction in respect of other expenses in allowable while computing the taxable income.


Website Designing  Company Image Map
Contact us Disclaimer Privacy Policy Site Map