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
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
