banner_ad

Case study treatment?

This query is : Resolved 

20 February 2014 My question was "I am on client location, my paying company is in india, I get 2 salary components, one in india another is a allowance for Vienna. Indian salary I get is after tax. So no worries. But Vienna salary is tax free and if I am able to save some amount of it and transfer to my own Indian account in rupees then do I need to give tax on that amount too. If yes then how much percentage. If I don't give it then what are the problems....? Please advice...! Remember both the salary parts are paid by Indian company. Indian part comes in my Indian account and Vienna part comes in Icici travel card. From which I transfer some portion to my Icici Indian account after converting into rupees...!

20 February 2014 Are you located in Vienna? If yes then are you still Indian Resident. If yes then the entire salary is rightly taxed in India but if you are NRI then the salary earned in Vienna is not taxable but when you bring the money in India through the legal procedure then no tax is liable to be paid but as you have stated that there is no tax in Vienna then you open a NRO account and deposit the money there which will not attract any tax provided it is deposited in foreign currency either in pounds or in dollers.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details