https://www.taxtmi.com/caselaws?id=277279 Remittances brought into British India by a person who is resident in the year of remittance are taxable under Section 4(1)(b)(iii) even if the income was earned while the person was non-resident; the provision targets remittances in the accounting year irrespective of residency when income originally accrued, and such remittances are includible in total income. Remitted sums are taxable under the head Income From Other Sources, not Profits Or Gains Of Business, and therefore a business loss incurred in a Native State cannot be set off against those remittances due to the proviso limiting cross-head set-off. en-us Mon, 22 Mar 1948 00:00:00 +0530 Fri, 30 Nov 2018 11:12:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277279 Remittances brought into British India by a person who is resident in the year of remittance are taxable under Section 4(1)(b)(iii) even if the income was earned while the person was non-resident; the provision targets remittances in the accounting year irrespective of residency when income originally accrued, and such remittances are includible in total income. Remitted sums are taxable under the head Income From Other Sources, not Profits Or Gains Of Business, and therefore a business loss incurred in a Native State cannot be set off against those remittances due to the proviso limiting cross-head set-off. Case-Laws Income Tax Mon, 22 Mar 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277279