Tax Implications on Global Income

This discussion explores the tax implications for an Indian client with a Hong Kong partnership who earned commission income from sales to Colombia, with goods sourced from China. The income was accrued and received in Hong Kong, and the client wishes to remit it to India. The query seeks clarification on how the Indian Income Tax Act and GST Act apply to this scenario, noting that GST is not applicable on this specific income. Partnership profit and loss distribution will be determined by the partner's residential status.