*'A' an assessee is a non resident in the p.y.2007-08. He is enetered into a contract with an indian company in mumbai but works off shore for that indian company. he receives his payment in india in INR. Is his income taxable for the A.Y.2008-09?
*My contention is though he's working abroad he receives payment in india. since payment is made in india his income is taxable.(sec.5)
*My friend is arguing that though he receives payment in india he works abroad. the payment is made for the works done abroad.
So I need a clarification....!!!!!!!!!!!
Assuming if the asseesee receives the payment abroad what would be the treatment?
CAclubindia
