Agent of Non resident u/s 163

This query is : Resolved

Prasad B Waikar (Querist)
Follow

02 February 2011 Can there be more than one agent of non resident assesee.If yes,then what is the criteria for Income Tax Department to identify the agent or on what basis the department select a particular person as agent of non resident assesee?

Guest

Guest (Expert)

02 February 2011 Asessing Officer shall decide the agent after providing opportunity of hearing.

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
Follow

13 March 2011 The agent shall be the person who has some close and intimate business relation with the NR.

Also the Indian agent shall bind the NR by its deeds .

The Indian Agent shall be the face of NR in India.

There are many conditions which may differ from case to case.

Anuj
9810106211

Upgrade to CAclubindia Pro. Subscribe Now!