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What is meaning of Received as per Income Tax Act?

What is meaning of Received as per Income Tax Act?

What is meaning of Received as per Income Tax Act?

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Arpit Feb. 07, 2018

Received means first receipt. If first receipt is in bank account in India then such income will be deemed to be received in India. So always remember to receive salary in a bank account maintained o/s India and then remit such salary to Indian Bank Account.