https://www.taxtmi.com/caselaws?id=244307 The Authority for Advance Rulings determined that the applicant's residential status for the financial year 2010-11 is resident in India. Consequently, the proceeds from the exercise of ESOPs and RSUs received by the applicant, who converted them from US dollars to Indian rupees in India, are taxable in India. The ruling emphasized that the applicant's residential status directly affects the taxability of income, making her liable to pay taxes on global income received during the relevant financial year. en-us Wed, 19 Feb 2014 00:00:00 +0530 Fri, 04 Apr 2014 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244307 The Authority for Advance Rulings determined that the applicant's residential status for the financial year 2010-11 is resident in India. Consequently, the proceeds from the exercise of ESOPs and RSUs received by the applicant, who converted them from US dollars to Indian rupees in India, are taxable in India. The ruling emphasized that the applicant's residential status directly affects the taxability of income, making her liable to pay taxes on global income received during the relevant financial year. Case-Laws Income Tax Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244307