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Salary from foreing company

Tax queries 858 views 4 replies

One of my friend has received salary in foreign country from foreign company. He remitted money to India. His status is resident indian. Whether he has to pay tax on the income from salary?

Replies (4)

FOR A RESIDENT INDIAN GLOBAL INCOME IS TAXABLE.

Global income of resident is taxable. However if India has DTAA with that country and if the assessee has paid tax on foreign salary in foreign country such will not be taxed in INdia.

world income is taxable for resident individuals...... ya if there exists a DTAA between 2 countries and tax paid in foreign country .... not taxable in India as taxed outside india .....

 

This amendmend came recently


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