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TAX CONSEQUENCES

02 June 2021

What will be the tax complications if amount received from a foreign country to India , as a consideration for providing management services?

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13 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 02 June 2021

It will be treated as foreign income and DTAA should be applicable

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Subhojit Bhakat (B.Com) (119 Points)
Replied 02 June 2021

What will be the relief amount under section 90?

sabyasachi mukherjee (27574 Points)
Replied 02 June 2021

DATA IS APPLICABLE SUBJECT TO SOME RELIEF UNDER SEC 90

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Subhojit Bhakat (B.Com) (119 Points)
Replied 02 June 2021

Thank you 😊

Sivaramaraju G (Learner) (2398 Points)
Replied 02 June 2021

If the assessee is resident then his global income will be taxable in India subject to relief under DTAA.

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sabyasachi mukherjee (27574 Points)
Replied 02 June 2021

DOUBLE TAXATION AVOIDANCEo AGREEMENT IS NOT APPLICABLE FOR ALL COUNTRIES.
SEC 90 IS APPLICABLE FOR some countries.

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 02 June 2021

Relief will be the lower of tax rate applicable in India and Foreign under DTAA

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sabyasachi mukherjee (27574 Points)
Replied 02 June 2021

Relief is ok but the country must be mentioned by the querist.

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shrawan choudhary (132 Points)
Replied 02 June 2021

Can anyone explain me how it is foreign income?

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Subhojit Bhakat (B.Com) (119 Points)
Replied 02 June 2021

Thank you all of you for your kind suggestions

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 02 June 2021

Your welcome

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Income Tax Wala: (Fin. Expert) (Chartered Accountants) (2015 Points)
Replied 02 June 2021

Originally posted by : shrawan choudhary
	Can anyone explain me how it is foreign income?

the question of Shrawan choudhary is valid. as it is not a foreign income .

veerendar singh (tax consultant) (3301 Points)
Replied 06 June 2021

It is not a foreign income

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