Taxability of foreign currency saved out of foreign tours
Rajib Saha (Accounts Officer) (239 Points)
28 May 2014Rajib Saha (Accounts Officer) (239 Points)
28 May 2014
vijay
(CA)
(158 Points)
Replied 28 May 2014
I think that is other income as it is recieved apart from salary from employer and anything received by employer is taxable as per general rules of income tax act. also refer to definition of income.