TDS on payment made on behalf on intercompany
This query is : Resolved
09 May 2008
Hi,
Please clarify whether withholding tax is applicable in case indian company for payment made in india towards commission/borkerage on behalf of foreign company (cum shareholder) of such indian company.
regards,
Suma
Please clarify whether withholding tax is applicable in case indian company for payment made in india towards commission/borkerage on behalf of foreign company (cum shareholder) of such indian company.
regards,
Suma
02 March 2010
Nilesh Shah Writes:
Withholding tax is definitely applicable as the payment is made in India. There is no need to go to section 9 of the Act. Under Section 5 the income is received in India .
Withholding tax is definitely applicable as the payment is made in India. There is no need to go to section 9 of the Act. Under Section 5 the income is received in India .
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