Dear Team
Please guide me, I have a question about INCOME TAX.
Is income tax applicable on the WESTERN UNION receive money?
If anyone receiving Rs. 40k (40,000.00) monthly in the bank account from Australia through WESTERN UNION money transfer for some part time job.
" Is income tax applicable on the WESTERN UNION receive money?" Simple transfer is not taxable if the amount transferred is tax-paid.
"in the bank account from Australia through WESTERN UNION money transfer for some part time job."
As per your status, if resident Indian, it is taxable
Thanks you very much
Bharat Shah & Associates
Mumbai
CA Inter
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Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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K R Kiran Kumar & Associates
Bengaluru
CA Inter
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CCI
Pro
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