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ITAT ruling: A sigh of relief for the Expatriates
Added On:
Sun 22/Mar/2009
Last Updated:
Sun 22/Mar/2009
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ITAT ruling: A sigh of relief for the Expatriates
Description:
The current ruling of the Delhi bench of the Income Tax Appellate Tribunal (ITAT) might act as a breather for the expatriates during this time of recession. The ruling states that tax liability of the expatriate employees responsible for operations of a company in India as well as other countries in the region could go down substantially, as they will no longer be required to pay tax on salary earned outside India for work unrelated to Indian operations.
http://indianfinance.blogsome.com/2009/03/09/itat-ruling-a-sigh-of-relief-for-the-expatriates/