Poonawalla fincorps
Poonawalla fincorps

Tax on Foreign Income

This query is : Resolved 

18 April 2011 Gentleman,

I have started a recruitment consultancy in India to supply professionals abroad and have opeeations in Saudi Arabia as well. My question is, Is the money comming from foriegn clients to my bank account in Idna taxable. If yes how much and how do I show that I am paying the staff in KSA.

Thanks,
Syed

20 April 2011 Yes the money coming to India directly is taxable in India.

Also give more details about salary paid in which country, nature of structure in India etc.

Anuj
0-9810106211



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries