Dear Expert,
Have taken an employment with a U.S company. It is currently not registered in India. However I work from India and my employer pays my salary in Indian currency into my Indian account thru their Consultant's bank account.
Given that my income is in the tax bracket, wanted to know on the tax implications.
1. How to pay my taxes and file returns in India. (can it be done thru payment of self assessment or advance taxes as the case may be) & which ITR form is applicable for me. It will be treated as foreign salary or Indian Salary.
ITR-1 : Salary - Company TAN details are mandatory. In such case how to declare Indian salary.
& if it is treated as Foreign salary which ITR form is applicale.
2. Is my employer liable to deduct taxes at source on my salary income even if they do not have a branch/registered office in India.
3. If TDS have to be deducted on salary paid in India by the employer what is the procedure they need to follow.
4. Thank you.

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