Payment out of india

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 A person is proceeding to Brunei Darussalam for office work. He will be required to make payment to foreign consultants, officials for the following services, please let me know the tax implication of payment modes, Can he pay in cash (USD) or by TCs (USD).
1. Subsistence Allowance to Researchers Rs. 10000X8=80,000
2. Country Research Manager Honorarium Rs. 55,000
3. Rapporteur Rs. 35,000

Please Advice

14 December 2012 As per FEMA you are allowed to take upto US$ 25,000/- for business trip.

Also the answer shall depend on whether the services of the persons is utilised for business in India or outside India.


Anuj
femaquery@gmail.com



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries