Dear Sir,
I have to receive Rs. 200000/- from one company in USA towards professional work done through online from india . this will be received by Feb 2010. My total income for this year 2010-11 will be Rs. 700000 (not included this 2 lakhs)
Pls tell me your tax advise and can I transfer above 200000 to some one account for escaping income tax?
Thanks / Regards,
Surseh Chandra.
CAclubindia
