Please help its urgent

Tax planning 329 views 1 replies

Hello Friends

Please suggest me on one of my query

some one has provided service to foreign company two year ago but consideration received by him in current year in form of shares of foreigh company. These shares have been recieved in his foreign account and this income has not shown by him in income due year now what should do to manage tax planning. Can these share can be  sold to outside india anyone person ....

Please suggest proper tax planning for this purpose......

 

Replies (1)

the client is a resident and ordinarily resident? then any income ... i.e. globally any income is taxable


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