Income Tax on Remittance Inward?


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 June 2011
Does Income Tax & Service Tax applicable on Remittance Inward?

for e.g. : Mr. X is working on Payroll for USA based company as a Software Engg.

03 June 2011 Where is he located? If in India his income is taxable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 June 2011 Thanks for your reply.

Yes, he is located in India. And what about the Service tax.

06 June 2011 His income will be taxable in India if he is working in India even if he is on the payroll of US company and non-resident in India.

Moreover, if he is not working in india but simply received salary from his employer US company, his uincome will also taxable in India


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