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 Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
