AFAIK, there are no rebates except for the service tax waiver. Whatever's posted here is mostly conjecture. So people with taxable income are best advised to seek an auditors help. Saves a ton of work and stress.
Regds, mano On Thu, Mar 6, 2014 at 4:15 PM, Mohan Sundaram <[email protected]> wrote: > Export earnings as professional fees have some IT rebates which gives one > greater tax savings than India revenues. > > Regards > Mohan Sundaram > Sent from my mobile, please pardon typos > On Mar 6, 2014 3:33 PM, "Ganesh Ranganathan" < > [email protected]> wrote: > > > On Thu, Mar 6, 2014 at 3:10 PM, Sikkandar Dulkarnai < > [email protected] > > >wrote: > > > > > I am supporting for a New Zealand client and I receive the payment from > > > nzforex.co.nz to my indian bank account. Should I have to pay IT or is > > > there an exception? > > > > > > > Like Madan said, You have to pay income tax if you earn money in India. > It > > is a legal requirement > > _______________________________________________ > > ILUGC Mailing List: > > http://www.ae.iitm.ac.in/mailman/listinfo/ilugc > > ILUGC Mailing List Guidelines: > > http://ilugc.in/mailinglist-guidelines > > > _______________________________________________ > ILUGC Mailing List: > http://www.ae.iitm.ac.in/mailman/listinfo/ilugc > ILUGC Mailing List Guidelines: > http://ilugc.in/mailinglist-guidelines > -- Lord, give us the wisdom to utter words that are gentle and tender, for tomorrow we may have to eat them. -Sen. Morris Udall _______________________________________________ ILUGC Mailing List: http://www.ae.iitm.ac.in/mailman/listinfo/ilugc ILUGC Mailing List Guidelines: http://ilugc.in/mailinglist-guidelines
