Income tax
This query is : Resolved
29 September 2011
if salary income come in India form foreign country then how we calculate his income tax under income tax act?
29 September 2011
It is depend upon agreement between Company and Staff. As per my view A non-resident company had set up a liaison office in india and paying remunaration to his staff or consultant for his service in india, it will treated as "fees for professional services" not salary . Hence Income from Company will treat as a "Income from Profession"
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