Thursday, December 22, 2011

An Indian Exporter's Revenue from broking generated outside India from trading is taxable or not?

Taxability of indian exporter's in India depends on residential status of exporter essee. It does not matter the income is generated outside India. But in case of such income already taxed outside India relief under section 90 or 91 of the Income Tax Act 1961 can be claimed in respect of Double Taxation.

0 comments:

Post a Comment