the goan I network
MARGAO
The Board came out with the clarification after examination, adding that section 5(2)(a) of the Income Tax Act provides that only such income of a non-resident shall be subjected to tax in India that is either received or
is deemed to be received in India.
The Board had received a host of representations to find out whether income
by way of salary received by non-resident seafarers for services rendered outside India onboard foreign ships are being subjected to tax in India for the reason that the salary has been received by the seafarer into the non-resident emigrant bank account maintained in India by the seafarer.
South Goa MP Narendra Sawaikar has termed the Board’s clarification as a good news to the seafarers community.
“The CBDT has issued the circular dated April 11, 2017 that no tax for Indian seafarers will be imposed when they remit to NRE account subject to his 183 NRI days in that financial year.”
