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Income tax


30 November 2016 Sir lets assume Sachin tendulkar recieved an income of 1 crore in the USA . Assume that he has paid the required taxes to the US govt and he finally remits the balance amount to Mumbai . Since he is a resident and ordinarily resident in india , will he be liable to pay IT on the balance that was transferred to mumbai ??

05 December 2016 Yes he is required to pay tax on that remitted income.

06 December 2016 Sir can i know at what rate should he pay ?






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