TDS on Insurance premium payment to Foreign Country

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2011 Hello

I would like to know whether tax is to be deducted at source on Travel Insurance Premium Payment to a foreign country?

KIndly highlight any case law or circular in this reference.

Regards

Arihanth Jain

Arihanth Jain (Expert)
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09 July 2011 Such premium should be business income of the foreign company. Ref to most DTAA's-Article 7,such income shall not be taxable in India if the foreign company does not have a PE in India.

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