Respected All
As per income tax law co. cnt pay tax on behalf of there employees, employees them self hv to bear the tax burden, but i hv come across a co. wh pays tax for der foreign client.
M nt I.T expert, I will try to explain suppose his pay is rs 2 lakh per mnth n tax cums at 4 lakh annually so co. decided to pay him 24(salary)+4(tax)= 26 lakhs so the foreign client (engineer) dnt hv to bear d tax, the work is in s.africa but d foreign client will b on indian co. payroll
So ALL, my learned experts frnds i wnt to kn is it right practice or not if wrong cn ni1 gv my relevant ACT or any Court Case i will b v thn full to all
with rgrds
guddu
CAclubindia
