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income in foriegn currancy

Tax queries 606 views 2 replies

i received income from German NGO as finance consultant in Euro . I want to know whether this income is taxable or not. my job profile is to consult them in finance issue arise to them in connection with indian NGO's to whome they make donation

Replies (2)

Hi Nitin,

Since you are an ordinarily resident u/s 6(a) your global income will be taxable in India. So you need to pay tax on such income.(Sorry!)

Dear Nitin,

 

You might also require to pay tax at Germany and may be eligible ot get DTAA benifit.

 

Regards

 

 


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