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Readers' Corner: Taxation

Kuldip Kumar, partner and leader personal tax, PwC India, answers your questions

Business Standard 

I work as a graphics designer for a few US-based companies. The payment is not regular. How do I pay tax on my income? Also, how do I know if the payment is being done after deducting taxes in the US? If it is, do I still have to pay tax in India? You have provided limited details in your query. One would need to know where the services are rendered, that is, in India or the US, and also analyse the Indo-US treaty to determine the taxability of your income. Under the Income Tax Act, 1961, it is the payer of income who is required to deduct and deposit taxes at the time of payment ...

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Readers' Corner: Taxation

Kuldip Kumar, partner and leader personal tax, PwC India, answers your questions

Kuldip Kumar, partner and leader personal tax, PwC India, answers your questions I work as a graphics designer for a few US-based companies. The payment is not regular. How do I pay tax on my income? Also, how do I know if the payment is being done after deducting taxes in the US? If it is, do I still have to pay tax in India? You have provided limited details in your query. One would need to know where the services are rendered, that is, in India or the US, and also analyse the Indo-US treaty to determine the taxability of your income. Under the Income Tax Act, 1961, it is the payer of income who is required to deduct and deposit taxes at the time of payment ... image
Business Standard
177 22

Readers' Corner: Taxation

Kuldip Kumar, partner and leader personal tax, PwC India, answers your questions

I work as a graphics designer for a few US-based companies. The payment is not regular. How do I pay tax on my income? Also, how do I know if the payment is being done after deducting taxes in the US? If it is, do I still have to pay tax in India? You have provided limited details in your query. One would need to know where the services are rendered, that is, in India or the US, and also analyse the Indo-US treaty to determine the taxability of your income. Under the Income Tax Act, 1961, it is the payer of income who is required to deduct and deposit taxes at the time of payment ...

image
Business Standard
177 22