Taxation of Income of Non Residents Indian Under Direct Tax Laws

Taxation of Income of Non Residents Indian Under Direct Tax Laws As amended by The Finance (No. 2) Act, 2024

This 7th Edition of Taxation of Income of Non-Residents by Ram Dutt Sharma, published by Commercial Law Publishers (India) Pvt. Ltd., presents a comprehensive and practical analysis of the provisions governing taxation of non-residents under Direct Tax Laws, updated with all amendments introduced by The Finance (No. 2) Act, 2024.

The book serves as an essential guide for understanding the tax implications for individuals, companies, and other entities categorized as non-residents under Indian tax law.

Key features include:

• Determination of residential status and its tax implications

• Scope of total income for non-residents

• Special provisions relating to business connections, royalty, and fees for technical services

• Taxation of income from investments, capital gains, and other sources

• Double Taxation Avoidance Agreements (DTAAs) – interpretation and application

• Withholding tax provisions and compliance requirements for payments to non-residents

• Relevant judicial pronouncements for practical clarity

• Procedural aspects, including return filing and assessment of non-resident taxpayers

This edition is indispensable for:

• Chartered Accountants, Advocates, and Corporate Tax Advisors

• Non-resident individuals, foreign companies, and overseas investors

• Compliance officers in multinational corporations

• Tax administration officials and policy analysts

With updated legislative references, case law analysis, and compliance guidance, this edition provides readers with the tools to navigate the complexities of non-resident taxation effectively.