14 July 2011
The company with which I work is a 100% subsidiary of a US company. An expat is deputed in India; who will be working for Indian entity and to whom salary will be paid by the US entity. I need to prepare a presentation on taxation on expat's income. Can somebody please help me on this?
15 July 2011
The salary paid to expat shall be chargeable to tax under sec. 9(1)(ii) . However benefit under sec. 10(6)(vi) and article 16(2) for short stay exemption can also be availed.
Ruling Of Eily Lily(SC) shall come into picture in this case.