20 October 2011
One person who have partnership in uae company and he wants to take a profit of the company to his indian bank account as white many. we can take it as 1.salary 2. consultanncy, 3.DTAA. He is a resident for the year of 2011-12. Any possibilities to that?
20 October 2011
AS PER SECTION 91 of income tax act ...he can claim for relief as there is no dtaa between india & uae ...bt if there is dtaa he can go 4 more beneficial ...his share is not exempt in income tax as per section 10 (2a)..for more detail contact naresh 7303851941
CAclubindia
