assessee proprietor ( not registered under any act not eligible for GST for the year) providing recruitment services to a company in Canada and receives payment of fees and commision in dollars which gets credited to his account in INR
is he eligible for tax benefits due to nature of business or he will have to compute profits in general like an Indian business entity and pay tax.
No TDS is deducted in this case
There is no export benefit under Income Tax Act for the above nature of services. You will be needed to compute profits in general like an Indian business entity and pay tax accordingly.
CAclubindia
