Income received, earned in India is subject to taxSonu Iyer
When cash is received for the service at the end of six months, a $300 credit in the amount of the full payment is made to accrued income, and a $300 debit is made to cash. The balance in accrued income returns to zero for that customer. Accrued income also applies to individuals an...
Income earned from investing money received as gift is taxedParizad Sirwalla