Income tax on amount received from Foreign company outside India

This query is : Resolved

Akshay (Querist)
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21 August 2022 Hello,

How should one file income tax on amount received from foreign company outside India.
The amount is being transferred as NEFT and there is no form provided by that employer apart from payslip.

Should I just be calculating overall amount received and show it in income from other sources and pay tax according to my slab.

Note: Employer confirmed verbally that there is no tax deducted in foreign country. So there won't be any tax credit. There is no official document to prove this.

Thanks in advance.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 August 2022 Yes Calculate overall amount received and show it under salary head in ITR and pay tax as per slab rate.
Keep the pay slip and NEFT transfer details.