Foreign Income-TAXABILITY

Chartered Accountant (N A) (37 Points)

07 September 2021  

An assessee is engaged in Recruitment business for foreign company which pays him Monthly remuneration on hourly basis.There is no fixed term for the contract.It can be terminated any time.No tax is deducted in foreign country.Kindly advice on taxability. Whether salary income or professional & if professional can it be covered under presumptive taxation scheme.

Thanks in advance.