Payment of income tax
This query is : Resolved
01 August 2013
Kindly let me know,if the salary of $ 2000 dollar of an individual is directly transferred ,per month to his bank account then how the tax likability should be calculated.The individual is not NRI and working as Manager all India Sales.
Regards
A.K.Bose
Kindly let me know,if the salary of $ 2000 dollar of an individual is directly transferred ,per month to his bank account then how the tax likability should be calculated.The individual is not NRI and working as Manager all India Sales.
Regards
A.K.Bose
01 August 2013
then on the date of transfer in his a/c u need to convert it indian rupees by applying rate of exchange by rbi and same for all 12 months and then the aggregate will be income from salary.
File itr-1.
File itr-1.
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