Discuss whether the following incomes are taxable or not in India:
a) A non-resident owns a residential house in Delhi which is given on rent to a
foreign embassy. Rent is, however, payable outside India in foreign currency.
b) A non-resident purchases goods from India and sells these goods abroad at
profit. The amount of sale is collected abroad.
c) Interest on loan is paid by the govt. of India to a non-resident person outside
India.
d) A non-resident owns a commercial building in Mumbai which is transferred to
another non-resident outside India. The consideration is payable in a foreign
currency outside India.
e) A non-resident Indian is presently appointed by the Government of India in its
embassy at Russia. Salary for rendering services is paid to him in foreign
currency outside India.
f) A Not Ordinarily resident receives dividend and interest from companies
registered outside India but deriving its income in India. The dividend is
declared and transferred in his NRE account. Interest is transferred to his NRO
account.
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