What is the tax liability for consultant fees received from foreign customer for services rendered ? Since it is llike export is tere any exemption?
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TAx liability on consultation fee received from abroad
Replies (2)
No exemption in Income Tax. It is there in service tax.
Yes the said Income will be treated as Normal Income and tax will be payable as be slab rates.
But No service tax is leviable on services rendered abroad.
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