a resident in india receives foreign remittance.The person sending remmitance is not relative of receiver.Is this remmitance taxable in India?
TEJAS KARNANI (student) (160 Points)
07 October 2015a resident in india receives foreign remittance.The person sending remmitance is not relative of receiver.Is this remmitance taxable in India?
JAGANATHAN R ACMA, SAP(Fi-Co)
(Manager Accounts and Finance)
(915 Points)
Replied 10 October 2015
we will give solution nature transaction., whether sale, consultancy, gift etc.,
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