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.
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.
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 March 2013
He providing the services at Cote D Ivoire(West Africa).
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.
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
