The following chart highlights the provisions of tax incidence in brief: Nature of Income Tax incidence in the case of Resident & Resident but not Non resident ordinarily resident ordinarily resident Income accrued or deemed to be accrued and recelved or deemed to be received in India Taxable Taxable Taxable f6 Income accrued outside India but received or deemed to Taxable Taxable Taxable be received in India Income accrued or deemed to be accrued In India but Taxable Taxable Taxable received outside India Income accrued and received outside India from a business Taxable Taxable Not taxable controlled in or profession set-up in India Income accrued and received outside India from a business Taxable Not taxable Not taxable controlled or profession set-up outside India. Income accrued and received outside India in the previous year (it makes no difference if the same is later Taxable Not taxable Not taxable remitted to India). Income accrued and received outside India in any year preceding the previous year and later on remitted to India Not taxable Not taxable Not taxable in current financial year Note: In case of resident assessee like company, firm etc. Other than Individual and HUF) in which there is no classification as 'Resident but not ordinarily resident, Income accrued and received outside India from a business controlled or profession setup outside India shall be taxable. ILLUSTRATION 7 Ram provides following details of income, calculate the income which is able to be taxed in India for the A.Y 2019-20 assuming that (a) He is an ordinarily resident (b) He is not an ordinarily resident (C) He is a non-resident Particulars Amount (3) Salary received in India from a former employer of UK 1,40,000 Income from tea business in Nepal being controlled from India 10,000 Interest on company deposit in Canada (1/3rd received in India) 30,000 Profit from a business in Mumbal controlled from UK 1,00,000 Profit for the year 2002-03 from a business in Tokyo remitted to India 2,00,000 Income from a property in India but received in USA 45,000 Income from a property in London but received in Delhi 1.50,000 Income from a property in London but received in Canada 2.50,000 Income from a business in Jambla but controlled from Turkey 10,000