Overview The Income Tax Act of 1961 is a comprehensive statute that governs the taxation of individual and corporate incomes in India Established to consolidate and amend the law relating to income tax and super tax, the Act came into…
Who is a Non-Resident Indian as per the Income Tax Act 1961? According to the Income Tax Act 1961, a non-resident Indian (NRI) refers to a person who is of Indian origin or holds an Indian passport but has not…
