Sir,
One of my clients is a resident Indian. He is a director in a pvt. ltd in some other country. The company is owned, controlled and situated in that other country. My client goes there every two month, for around a week. He earns directors remuneration. He has not transferred the money to India. My query is, is he liable to be taxed in India for this Income?
If he has been earning such remuneration since past few years, what wll be the status if he transfers the entire amount, including the current year remuneration, in the current year?
CAclubindia
