24 February 2014
Recently I got some money from a company outside India. they hired me for some job. They paid me this money in my saving account (I have a current account also).
On the receipt they have generated and sent, they have mentioned that:
Purpose of Remittance: Remittance from Salary Income
They are claiming that this money is tax free.
But to be sure I want to know
a) do I need to give IT on this money? b) do I also need to submit ST on this amount?
CAclubindia
