19 December 2011
An Indian company has paid Commission to foriegn agent for the export purpose. Is the Indian Company Liable to deduct tax at source? please give the reason of the same in support to the answer.
19 December 2011
iF VTHE AGENT HAS NO PE IN INDIA OR HAS NO BUSINESS CONNECTION IN INDIA THEN NO TAX DEDUCTIBLE. REFER TO CIT V. EON TECHNOLOGY P LTD DELHI HIGH COURT 42(II) ITCL 424(DEL-HC) IN THIS REGARD