Is foreign inward remittance to self taxable?

Querist : Anonymous (Querist) 24 December 2023 This query is : Resolved
I am an Indian citizen and was working and living in the US for many years. I am visiting India for some time and qualify under the RNOR category.

I have been transferring money for my personal, day-to-day use from my US bank account to my India bank account. I have already paid taxes on this money in the US.

Do I owe any taxes in India on this inward remittance? I have no India based income.

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kavksatyanarayana (Expert) 24 December 2023
As a non-resident, the salary earned for employment exercised outside India and received outside India will not be taxable in India. If salary income for employment outside India is directly received in India, it will be taxable.

T. Kalaiselvan, Advocate (Expert) 24 December 2023
Section 5 of the Income Tax Act 1961 deals with the taxability of the total income by whatever source derived by RNOR as under: –
Income received or deemed to be received in India during the financial year.
Income accrues or arises in India, whether directly or indirectly, during the financial year.
Income deemed to accrue or arise in India, whether directly or indirectly, during the financial year.

1. Income received or deemed to be received in India whether earned in India or elsewhere.: Taxable
2. Income accrues or arises or is deemed to accrue or arise in India during the previous year, whether received in India or elsewhere.: Taxable
3. Income accrues or arise outside India and received outside India from a business controlled from India: Taxable
4. Income accrues or arise outside India and received outside India in the previous year from any other source.: Not taxable
5. Income accrues or arises outside India and received outside India during the years preceding the year and remitted to India during the previous year.: Not taxable

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