Tax liab in case of income earned in india as well as abroad
Piyush Goel (Sr. ERP Finance Consultant) (91 Points)
10 November 2011Piyush Goel (Sr. ERP Finance Consultant) (91 Points)
10 November 2011
valji
(Accounts manager-MBA)
(2150 Points)
Replied 10 November 2011
you have to pay tax from income earned from india & outside india from basic exemption limit
Piyush Goel
(Sr. ERP Finance Consultant)
(91 Points)
Replied 10 November 2011
valji
(Accounts manager-MBA)
(2150 Points)
Replied 10 November 2011
you not pay any tax income earned from outside india then you have to pay tax ,you get exemption only under sec 10 & under sec 80 of the income tax act
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 10 November 2011
Mr. Piyush,
It seems that you are not salried but a freelancer. In that case the whole income is taxable but there are some sections in Income tax act which may provide you releif.
Anuj
+91-9810106211
femaquery @ gmail.com
Piyush Goel
(Sr. ERP Finance Consultant)
(91 Points)
Replied 10 November 2011
Thanks for your reply Mr. Anuj, I hv asked the question only about salaried income. Can you please let me know how i can get the tax relief??
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 10 November 2011
There shall be no releif as no tax has been deducted outside india .
Anuj