Income recd in foreign currency is taxable or not
This query is : Resolved
27 February 2014
Dear Sir/madam
my queries as 1) we have office in Dubai and recd income in USD in our Bank. Please advise income tax and service tax applicable on same ? if yes what rate will applicable.
2) we give service to Australian company and services full fill outside India. after fulfillment we recd income in USD in bank, pls income tax and service tax applicable on same ? if yes what rate will applicable.
my queries as 1) we have office in Dubai and recd income in USD in our Bank. Please advise income tax and service tax applicable on same ? if yes what rate will applicable.
2) we give service to Australian company and services full fill outside India. after fulfillment we recd income in USD in bank, pls income tax and service tax applicable on same ? if yes what rate will applicable.
27 February 2014
mention the place of bank where u recieved the money.
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