If you're earning a salary in India for services rendered to a multinational company's Indian subsidiary, your income is generally taxable in India, even if paid directly into your Indian bank account without deductions. The location where the services are performed dictates the tax jurisdiction. Whether you can declare this income as professional receipts and claim it under Section 44AD depends on specific details like your appointment letter and the nature of your engagement.
01 December 2022
If someone is working in India for a subsidiary pvt ltd company of a multinational limited company headquartered in Dubai, and his salary being credited in his indian bank account without any deductions, does his salary taxable in india ????? can he show this income as professional receipts and claim under 44AD ?
01 December 2022
Salary payable for services rendered in India is regarded as income earned in India. So, though the company is an MNC, it will be taxable in India