Salary foreign income ks taxable or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 January 2018
My friend job at Mozambica for7 month. His salary in USD credit in indian bank. His Income in india is taxable or not. There is no tax and not any deduction. Expert Please advise.
30 January 2018
Income Received directly to Indian Account is taxable. It will come Income received in India. also look for Period for which he stay
30 January 2018
Income will be taxable in India and will have to be shown in the Income tax return irrespective of the residential status of the person- whether NRI or RI.
Income will be taxable because it has been credited here although was due in some other country. Had it been credited in an overseas bank account, then it would have been exempt.
Income will be taxable because it has been credited here although was due in some other country. Had it been credited in an overseas bank account, then it would have been exempt.
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