24 November 2014
One my Clint running business of developing i phone games and application, has all income generate form USA.. what is tax liability on that?? and how i should i kn that this all income is after deduction of tax in u.s or not??
24 November 2014
The residential status of your client will play major role in deciding the taxability of the income. Assuming that your client is resident and ordinary resident, the income from such acticity is taxable in India. If the said income is after deduction of TDS (Withholding Tax as is popularly known world over), ask the payer about its details. You will get the same from payer.
24 November 2014
income is taxable in india and u need to check that any tax is withheld on such income in usa and also check the dtaa agreement in relation to such income.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
24 November 2014
ok sir...i will get back to you after discussion with client...tanks a lot both of you sir..