Easy Office
LCI Learning

Income Tax on Remittance Inward?

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 June 2011
Does Income Tax & Service Tax applicable on Remittance Inward?

for e.g. : Mr. X is working on Payroll for USA based company as a Software Engg.

03 June 2011 Where is he located? If in India his income is taxable.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 June 2011 Thanks for your reply.

Yes, he is located in India. And what about the Service tax.


06 June 2011 His income will be taxable in India if he is working in India even if he is on the payroll of US company and non-resident in India.

Moreover, if he is not working in india but simply received salary from his employer US company, his uincome will also taxable in India



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query