Hi,
One of our employee resigned and his salary was processed and transferred to his accoutn till Jul 2014 and from Aug 2014 he joined as a consulatant outside india say in overseas and now he is earning a professional fees for his consultancy and his money are transferred to his Indian account and he will be completing his consulatncy in this year by Dec 2014 and will be back to India Need to know whether teh Fees received as Non Taxable will be taxed in India while filling the returns and under which section this will be taxed.
Regards,
Gopal.
One of our employee resigned and his salary was processed and transferred to his accoutn till Jul 2014 and from Aug 2014 he joined as a consulatant outside india say in overseas and now he is earning a professional fees for his consultancy and his money are transferred to his Indian account and he will be completing his consulatncy in this year by Dec 2014 and will be back to India Need to know whether teh Fees received as Non Taxable will be taxed in India while filling the returns and under which section this will be taxed.
Regards,
Gopal.