12 December 2013
if a company, registered in india, and having some contract work in a foreign country and NOT HAVING ANY PERMANENT ADDRESS IN THAT FOREIGN COUNTRY, made payment to the labour contractor over there so is that payment subject to tax in india or not?
12 December 2013
I Think the answer is No. as the income to labour contractor in foreign country is neither accrued in india nor it is received in india. I considered that the work contract is to be performed in foreign country.
CAclubindia
