Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

banner_ad

Taxability of Foreign Income

This query is : Resolved

Share Report Follow Query Ask a Query

Gautham (Querist)
Follow

07 February 2011 Hello Experts,

One of my friends provides consultancy services to a foreign company in a foreign country.He is also a Non Resident under the Income Tax Act. The company pays him the remuneration by directly crediting it to his Indian Bank Account. Further the company also deducts Tax on such remuneration before making the payment. My question is, whether such sums which are directly credited to my friends Indian Bank Account and on which tax is already deducted are Taxable in India.

Regards
Gautu

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
Follow

09 February 2011 Yes as per sec. 5 any income of non resident which is received or deemed to be received in India shall be taxable in India.

Anuj
9810106211

Message likes : 1 times

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

CCI Pro

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member tsrandcompany@gmail.com

tsrandcompany@gmail.com

Pro Member Jayesh Pipalwa

Jayesh Pipalwa

Pro Member Konijarala prasad

Konijarala prasad

Pro Member R Prabhudoss

R Prabhudoss

Pro Member Angadi & Co

Angadi & Co

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

ARTICLESHIP 15 May 2026

ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details

28 April 2026

Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details

27 April 2026

Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

ARTICLESHIP 17 May 2026

CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details

26 May 2026

Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details

16 May 2026

Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details