Respected Sir
I am Providing IT Services to Canadian Company and this Company s Not Registered in India .
As Per My Employment agreement letter..
You will receive a base salary of $18,000 USD per year. For the first six (6) months of
employment, you will be paid as a contractor with equal payments wired to your bank account
on the 1st and 15th of each month. After the six (6) month period, you will be hired as andemployee of xxxxxxxx and tax rules of employment will apply.
My Question is Can I Considered this Salary is As Professional Services u/s 44 Ada ? And File ITR 4 Return or Considerd as Pure Salary Income ?
CAclubindia
