Salary paid by an Indian co for foreign company

Amit Sureka (Finance Manager-India) (251 Points)

08 April 2009  

Dear all members of CAclub,

I need to understand with reference to below queries.

A public limited company in India wanted to make payment and all expenses to an employee who is employed by a foreign company under an agreement. The employee is resident in India and working in India.The Indian company will deduct TDS from his salary and at the end of the year Indian company will receive everything from foreign company (what ever paid in India) including some commission. The person is a non executive director of the Indian Company.

Can any members will guide me towards above and if possible how to execute.

Best Regards,

Amit