01 August 2011
one of my clint has earned commission income from usa based company. they have deducted withholding tax on it. now i want to know that wether the commission income is again taxable in india or not.
01 August 2011
It depends upon the residential status of your client.
If he is a resident, than the income will be taxable in India subject to the DTAT with USA and Tax rebate can be claimed on the basis of average tax rate appicable to the client.