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The Income Tax Appellate Tribunal (ITAT) has come to the rescue of a salaried individual who was deputed to work outside India by holding that the salary income of a non-resident for services rendered overseas cannot be taxed in India.
The Income Tax Appellate Tribunal (ITAT) ruled in favor of a salaried individual working abroad, stating that his overseas income should not be taxed in India. The case involved a non-resident employee who was deputed by an Indian company to work in Austria. The ITAT's decision emphasizes that income earned by non-residents for services performed outside India should not be subject to taxation.
India Business News: The Income Tax Appellate Tribunal (ITAT) has rescued a salaried worker who was deputed to operate outside India, ruling that a 'non-resident''s wage i
Gita Press, the Gorakhpur-based publisher, has declined the cash component of the Gandhi Peace Prize award, amid controversy surrounding the Government’s decision to confer the accolade on the publisher known for its affordable religious books focused on Sanatan Dharma. Gita Press cited its
Gita Press on Monday said it was a matter of great honour to be conferred the Gandhi Peace Prize, but the publisher would not accept the cash component of the award keeping with its tradition of not receiving any kind of donations. The trustee board of the press met here late on Sunday after the award was announced and decided not to receive the cash component of Rs 1 crore.