kesirajus
Dec 11, 2011, 10:03 PM
Dear Sir,
Till September 2011 I was working for Indian company in India and Tax used to get deducted by my employer at source. Now I am working for a Chinese company to look after sales & service of India and surrounding countries I operate from India. My Chinese employer pay my salary quarterly and earned commission annually. They told me that they will credit my salary in US Dollars to my Axis Bank savings account. My question is: Is my income taxable in India? If yes, then there is no breakup of my salary. So how to calculate my tax liability?
Till September 2011 I was working for Indian company in India and Tax used to get deducted by my employer at source. Now I am working for a Chinese company to look after sales & service of India and surrounding countries I operate from India. My Chinese employer pay my salary quarterly and earned commission annually. They told me that they will credit my salary in US Dollars to my Axis Bank savings account. My question is: Is my income taxable in India? If yes, then there is no breakup of my salary. So how to calculate my tax liability?