Tds on commission paid in foreign

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

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.

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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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

CA MANOJ GUPTA
JODHPUR
09828510543

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Querist : Anonymous

Querist : Anonymous (Querist)

21 December 2011 Thanky sir

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