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Ashish (Querist)
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17 November 2013 My friend is working from home for a foreign enterprise and he receive the salary of RS.50000 from US his he liable to pay the tax in India or he exempt for tax..

SANTOSH SAGAR K

SANTOSH SAGAR K (Expert)
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17 November 2013 As per the Income Tax Act, in case of a person RESIDENT in Indian, the global income is taxable.

Hence, in case of your friend, assuming that he stays in India only and receives any payment from US, the same is taxable in India.

However, please note that any taxes paid/ deducted in US can be claimed as Foreign TAx Credit.

SANTOSH SAGAR K

SANTOSH SAGAR K (Expert)
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CA Pallav Singhania

CA Pallav Singhania (Expert)
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17 November 2013 If the income arise or accrue in India one is liable to pay tax on such income...

Nikhil Kaushik

Nikhil Kaushik (Expert)
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17 November 2013 Dear Ashish,

As suggested by other experts, this income shall be taxable in India. Plus, it is expected that US company shall also withhold certain taxes in US.

With respect to such taxes, credit can be claimed in Indian tax return. Please refer to this wonderful PPT by Rishi Halalkar.

https://www.bcic.org.in/Presentations-TaxConference-Sep12/Mr.%20Rishi%20Harlalka.pdf

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