TDS on foreign remmitance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 April 2011
Payment made by indian company to foreigner against MOU to take professional service out side india to establish a factory outside india.
please give expert advice with reference case law/case study/other refernces:
1- professional Service take out side india.
2- professional has not any agent/office/branch/establishment in India i. e. no relation in India.
3- There is no relation between company and professional apart from this transaction.
please give expert advice with reference case law/case study/other refernces:
1- professional Service take out side india.
2- professional has not any agent/office/branch/establishment in India i. e. no relation in India.
3- There is no relation between company and professional apart from this transaction.
22 April 2011
THE INCOME WILL NOT BE CHARGEABLE TO TAX IN INDIA
U CAN REFER TO ADIT V. WIZCRAFT INTERNATIONAL 38(II) ITCL 91(MUM-TRIB)
U CAN REFER TO ADIT V. WIZCRAFT INTERNATIONAL 38(II) ITCL 91(MUM-TRIB)
25 April 2011
The same can be taken out of tax net by virtue of provisions of sec. 9(1)(vii)(b)of Income Tax Act,1961.
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
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST Regis.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- 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
