International Taxation -DTAA
This query is : Resolved
23 December 2010
Samples of product was sent by courier for testing and analysis by Indian company to a Non-resident company situated at Switzerland. A Non-resident company analyse the sample and gave us the test report, the analysis is upgradability test of the product and other technical work. The Indian Company received the test report, now Indian company wants to make payment for the technical work done by the Swiz company. The following queries are:
1. Now such payment by Indian company will become taxable income of the Swiz Company in India?
2.Such payment will fall under business profits or Fees for tecnical services?
3.which article of DTAA will apply for the above situation? Kindly advice as early as possible.
1. Now such payment by Indian company will become taxable income of the Swiz Company in India?
2.Such payment will fall under business profits or Fees for tecnical services?
3.which article of DTAA will apply for the above situation? Kindly advice as early as possible.
24 December 2010
1. Yes
2.Fees for Technical Services.
3.Article 12 but if the foreign company doesn't have PAN then 20% will be deducted.
2.Fees for Technical Services.
3.Article 12 but if the foreign company doesn't have PAN then 20% will be deducted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Applicability of Ind As to associate of associate
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
