Some Consideration received from UNITED KINGDOM TO INDIA , for providing management services .
The services are provided by two individuals(both are resident of India).
The foreign client want to send the whole amount to the bank of one individual only .
Then the individual has to send the 50%amount to the other individual by using banking NEFT.
SO , the question is the whole amount will be taxable in the hands of such individual who receives the amount?
CAclubindia
