Dear All,
I am an independent consultant providing research services in the name of a unregistered organization. I have to receive foreign currency from foreign non profit organization for providing them services. The services include providing research based draft involving staffs and other costs. I am receiving foreign currency in my personal account. As per Indian laws how much tax would I need to pay? Do I also need to pay service tax? or just paying the income tax is fine? And whether on the total amount credited or after deduction of costs? Thanks for your expert guidance.
Dharmendra
CAclubindia
