How tax will be calculated if i am working from India for Japanese company
This query is : Resolved
17 April 2024
Hello Team,
I got an offer from JAPAN company. Where i suppose to work from India with intermittent visits to JAPAN for 2-3 weeks.
I would need your assisnace on tax part. My queries are as follows
1) Where should i ask them to deposite my salary
a) Indian Bank Account
b) International bank Account
c) JAPAN bank Account
2) If salary is created in Indian Bank Acc
a) Do i need to pay tax in JAPAN?
b) Do i need to pay tax in india?
c) Both?
d) do i need to pay GST in india?
3) If salary is created in International bank Account/ JAPAN bank account
a) Do i need to pay tax in JAPAN?
b) Do i need to pay tax in india?
c) Both?
d) do i need to pay GST in india?
I got an offer from JAPAN company. Where i suppose to work from India with intermittent visits to JAPAN for 2-3 weeks.
I would need your assisnace on tax part. My queries are as follows
1) Where should i ask them to deposite my salary
a) Indian Bank Account
b) International bank Account
c) JAPAN bank Account
2) If salary is created in Indian Bank Acc
a) Do i need to pay tax in JAPAN?
b) Do i need to pay tax in india?
c) Both?
d) do i need to pay GST in india?
3) If salary is created in International bank Account/ JAPAN bank account
a) Do i need to pay tax in JAPAN?
b) Do i need to pay tax in india?
c) Both?
d) do i need to pay GST in india?
17 April 2024
1) a) Indian Bank account.
2) c) both with a relief of double taxation benefits claim in India.
d) No, it will fall under export of service.
Register under GST and submit LUT no GST payable.
3 c) both with double taxation relief.
d) No GST.
2) c) both with a relief of double taxation benefits claim in India.
d) No, it will fall under export of service.
Register under GST and submit LUT no GST payable.
3 c) both with double taxation relief.
d) No GST.
18 April 2024
Thank you sir for your guidance
18 April 2024
please check whether the salary being paid to you is actually shown as salary or not by your employer. Are they deducting any payroll tax in Japan on it. Often, employers pay their foreign employees in form of professional fee. In such a case, there wont be any tax compliance required in Japan. Rest of the compliances will be as suggested by Seetharaman ji above.
19 April 2024
You are welcome..
...
...
19 April 2024
Thank You, Nikhil. i will check
19 April 2024
you are welcome Rajesh bhai. If you need any assistance, feel free to message/text here.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
