Please Help: income tax
Posted Date : 24-Jun-2011 , 10:18:17 am | Posted By: Ram Prasad
Category :
Income Tax | Answers :
2|
Comments :
4| Hits: 433
|
|
For ITR -
My current organization is Neoris, Spain. I am not a direct employee but work as contractor. The company does not deduct tax at source. It pays me in my NRE account in India.
what should be the tax treatment. |
 |
|
|
Answers:
|
 Answer by: CA. Sachin Data |
| Does the Company have an established place of business in INDIA????
|
| Answer by: Ca Nitin |
| if there is no establisement in india & income earned outside india than such income not taxable in india
|
|
|
| Comments |
| Posted By : SUMIT GOEL |
30-Jun-2011, 06:58:04 |
| If your residential status is a resident indian all the income which accrues or arises any where in the world is taxable. However if your residential status is Non Resident then the income which accrues and arises in india is subject to tax. |
| |
| Posted By : Ram Prasad |
24-Jun-2011, 12:27:48 |
| it is a foreign company having establishment based in spain . |
| |
| Posted By : Ram Prasad |
24-Jun-2011, 01:51:26 |
| if the nre account is maintained in india interest accuring on the fund held in the account will be treated as income accrue in india u/s 9 of the income tax act?? |
| |
| Posted By : Ram Prasad |
24-Jun-2011, 01:48:42 |
| as nre account is maintained in india hence direct transfer of payment by company in that a/c without deduction of tds whether treated as income received in india ??? |
| |
|
|
|
|
