Dear All
A am working at Nepal for Indian Company since Nov,2011.and Iam getting salary in India in Indian currency only,
in this case, wether will i get any tax exemption
pleae give your valuable suggestions
R.Prabhakar
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Income tax exemption
Replies (4)
Salary received in India is fully taxable.
Salary received in India is fully taxable.
As per provision of Income tax Act,1961 Salary received in India is fully taxable...
Read Section 9(1) for more reference..........
yup....if you recieved it in india it is taxable...but if you can make any arrangement in which the amount is recieved by you in your nepal bank account in nepal...if you do so that amt will not be subject to tax...but for this tohappen your residential status needs to be either a resident and NOT ordinarily resident OR non resident durnig the previous yr 2011 12
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