What is the tax liability for consultant fees received from foreign customer for services rendered ? Since it is llike export is tere any exemption?
Menu
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.
Recent Topics :
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
Related Topics :
CAclubindia
