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Salary

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Is every amount received as salary from resident of india by a non resident is taxable?If so, if a non resident is receiving salary from a company outside india(germany) which is a subsidiary of an Indian company(holding 90% share of subsidiary company) ,is it taxable in india? Note:we have a provision in Income tax ,a company in foreign country which is fully controlled by Indian company can be regarded as Resident for the purpose of Taxation.is my second assertion is also right?

plead an early reply

Replies (1)

Salary being Foreign Income as per Section 5 will not be charged to Tax. And ya can you please quote the section of treating the subsidiary as a Resident?

I think even though that subsidiary is treated as a Resident... then still it won't change the nature of income for the Recipient. 


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