Computation of total income of Mr. R for the assessment year 2009 -
2010
Particulars
|
Resident and Ordinarily Resident
|
Not ordinarily resident
|
Non-resident in BHARAT
|
a. Rent
from a property in Delhi received in USA
b. Income
from a business in USA controlled from Delhi
c. Income
from a business in Bangalore controlled from USA
d. Rent
from property in USA received there but subsequently remitted to BHARAT
e. Interest
on deposits from an BHARATIYA company received in USA
f. Profits
for the year 2007-08 of a business in USA remitted to BHARAT during the
previous year 2008 (not taxed earlier)
g. Gifts
received from his parents
|
80000
120000
180000
60000
20000
Exempted
Exempted
|
80000
120000
180000
Nil
20000
Exempted
Exempted
|
80000
Nil
180000
Nil
20000
Exempted
Exempted
|
Total
income
|
Note: a) Income remitted to BHARAT is not an income received
in BHARAT. b) Gifts from relative upto Rs. 50000 is exempted.