Please Help: income tax
Posted Date : 24-Jun-2011 , 10:18:17 am | Posted By Ram Prasad
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.
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.
Category : Income Tax | Answers : 2 | Comments : 4 | Hits : 327
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
Ram Prasad
24-Jun-2011 , 12:27:48 pmit is a foreign company having establishment based in spain .
Ram Prasad
24-Jun-2011 , 01:48:42 amas 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 ???
Ram Prasad
24-Jun-2011 , 01:51:26 amif 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??
SUMIT GOEL
30-Jun-2011 , 06:58:04 amIf 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.