Businesswonder.com Home Page

Income Tax Exemption under Section 10(8) of Income Tax Act, 1961

Eligible Assessee

An Individual

Nature of Income

Remuneration for duties assigned in India and any other income accrues or arises outside India

 

Amount Exempt

Entire amount

 

Conditions laid down for Tax Exemption u/s 10(8)

  1. The duties are assigned in connection with co-operative technical assistance programmes or projects as per agreement between central Govt. and foreign state.
  2. The remuneration is paid by foreign state
  3. The terms of such agreement provide for exemption under this clause.
  4. Any other income which accrues or arises outside India is subjected to any income or social security tax in other state.

 

About Us | Contact Us | Terms and Conditions | Disclaimer | Privacy Policy | Sitemap