Service tax account for income tax saving

if it is your independent business :

you need to take service tax number if your receipts during the financial year likely to exceed

INR 9 lac and afterwards you will have to file Service tax return , income tax return and maintenance of accounting record etc.

if you are doing job and providing service to foreign co. on behalf of indian co.

the above mention provision would not apply on you.than your income shall be taxable as salary.

Income tax on Consultant contract.

I thank you for responding to me, Last post I have mentioned as salary but in fact it is an “Independent Consultant contract”, and the US company will be doing the per month contract amount payment in dollars. In this case do we have any option to get the Income tax exception? Please let me know if you need any more input from me for clarity on my doubt.

Thanks and Regards