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This query is : Resolved
08 August 2023
DECLARATION:
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We herewith confirmed and declared that we are not having any " Business Establishment " in India. Therefore under Indian Income Tax Act 1961 NO TDS to be deducted from our commission payment since income deemed to accrued and arise out of India.
The drawee is basically NRI in Australia and we have to remit payment in US$ on account of brokerage and commission.
In such a case whether 15-CA & 15-CB are required to be filed.
Please guide me and oblige.
===========
We herewith confirmed and declared that we are not having any " Business Establishment " in India. Therefore under Indian Income Tax Act 1961 NO TDS to be deducted from our commission payment since income deemed to accrued and arise out of India.
The drawee is basically NRI in Australia and we have to remit payment in US$ on account of brokerage and commission.
In such a case whether 15-CA & 15-CB are required to be filed.
Please guide me and oblige.
08 August 2023
What is the nature of supply by NRI? Whether any supply in India or out of India?
08 August 2023
Nature of supply by NRI is brokerage & commission. The NRI books order for us in Australia and we pay the brokerage/commission to the NRI.
08 August 2023
In that case No TDS liability over the commission.
11 September 2024
Good Luck.
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