Dear Sir,
Supposed Mr. A goen for employment on ship as crew member.
year No. of days out side Amt
2012-13 150 days Rs.400000/-
2011-12 270 days Rs.500000/-
2010-11 180 days Rs.400000/-
2009-10 189 days Rs.400000/-
2008-09 90 days Rs.400000/-
Assumed no ther income, Pl not consider minimum Exmeption Limit.
Pl find out tax liability year wise, what the way to save tax.
Supposed above salary recevied in USD and vessel is foreign going,