Tax on US Income, Income Tax

[Abhineet Bansal]

I am an Indian citizen and I have some clients in the U.S. who pay me in dollars. I have filled the W-8 BEN form and according to the U.S. taxation laws no tax is withheld with the U.S. government on my income towards the services I perform. I want to know if I need to pay taxes on that income to the Indian government? If yes, then do I need to declare it as income from other sources? Also, can ask the clients to credit the payments in my wife's name so as to reduce the tax that I have to pay here? Thanks in advance.

Posts / Replies

[CA GOPALJI AGRAWAL]

In your case, the income is taxable under the head Income from business and profession.