Hello Team,
I am an IT consultant working as a salaried individual in an MNC.
Apart from routine job,I also provide my services in abroad privately.
The company is based out in US and has hired me as a contractor. I receive my professional fees in dollars and it gets converted in my Current account in INR.
I want to know the tax calculation procedure in case where I am providing my professional services out of India. I have created my own private ltd.under which I take such assignments. Also want to know any double taxation or any such procedure.
Thanks,
Prajakta