Consultancy provide out side of india

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 March 2013 Dear All,

if any practicing CA provide accounting and taxation consultancy out side of India, and during his consultancy period he become non resident indian.
so can he raise the invoice in USD and can he take fees by his NRI bank account ?
and what is the tax liabilities on this receipts.??

Please suggest me, its very important and urgent.

sudarshan

sudarshan (Expert)
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02 March 2013 where is he providing service?

Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2013 He providing the services at Cote D Ivoire(West Africa).

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C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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12 April 2013 Yes he can do so. The taxes are to be paid
in the country where he has rendered the services and at the same time he has to pay taxes in India for the income generated by him in India only. If he is not filing his return then he can show income in India as export of his services and claim the deduction for export of professional services.