My relative has received a consultancy offer from St Petersburg. They will pay Fees every month. What IT rules apply for such forex remittance?
1 Replies
sabyasachi mukherjee
(27574 Points)
Replied 19 April 2023
Incidence of income and residential status of the assesse is pertinent.
incidence of income for income deemed to accrue or arise in India.
Income is taxable in India.
incidence of income for income deemed to accrue or arise in India.
Income is taxable in India.
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