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I tax on foreign currency earning

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21 December 2011 Dear Sir,
One of my client(Indian-Individual)) is working in Delhi as Marketing Consultant for a Italian Co.. His fee (500 Euro)is being remitted to his bank a/c from Italy in Euro every month.
Please advise me his Tax Obligation & Calculation.
Thanks
Abhilash

22 December 2011 the consulting income received by your client shall be taxable in India as Income from Profession.



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