It in india

Tax queries 381 views 1 replies

I will work for an European company as Consultant. The Salary will be wired into my India bank Savings account. Now, I want to know how will I pay the Income Tax in India as I'll not get any Form-16 from the European employer? Also, will the Tax saving provisions like 80C, 80D, Home Loans etc will apply in this scenario? Thanks in anticipation of your precious guidance. 

Replies (1)
hi.. This is a taxable income and surely chargeable in india as first receipt is in india through bank account.. you can very well avail the benefits of section 80 in computation of your income.


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