Section 5.2.(a) -second article in view of Circular dated 11.04.2017 – the scope of Circular must be wider to avoid litigation in other cases.

Section 5.2.(a) -second article in view of Circular dated 11.04.2017 – the scope of Circular must be wider to avoid litigation in other cases. https://www.taxtmi.com/article/detailed?id=7369 The CBDT Circular dated 11.04.2017 clarifies that salary accrued to a non-resident seafarer for services rendered outside India on a foreign ship shall not be included in total income merely because it has been credited in the NRE account maintained with an Indian bank; crediting to such an account is therefore insufficient to constitute receipt in India under Section 5(2)(a). en-us Thu, 13 Apr 2017 06:49:43 +0530 Thu, 13 Apr 2017 06:49:43 +0530 TaxTMI RSS Generator Section 5.2.(a) -second article in view of Circular dated 11.04.2017 – the scope of Circular must be wider to avoid litigation in other cases. https://www.taxtmi.com/article/detailed?id=7369 The CBDT Circular dated 11.04.2017 clarifies that salary accrued to a non-resident seafarer for services rendered outside India on a foreign ship shall not be included in total income merely because it has been credited in the NRE account maintained with an Indian bank; crediting to such an account is therefore insufficient to constitute receipt in India under Section 5(2)(a). Articles Income Tax Thu, 13 Apr 2017 06:49:43 +0530 https://www.taxtmi.com/article/detailed?id=7369