Wednesday, April 30, 2014

[aaykarbhavan] Sales commission paid to NR agent for services rendered outside India wasn't taxable in India; no withholding of tax




 

Sales commission paid to NR agent for services rendered outside India wasn't taxable in India; no withholding of tax

May 1, 2014[2014] 44 taxmann.com 173 (Hyderabad - Trib.)
IT/ILT : Where assessee-company made payment of sales commission to a foreign party by direct remittance for services rendered outside India, amount in question not being chargeable to tax in India, assessee was not required to deduct tax at source while making said payments
IT/ILT : Where in support of claim of deduction for sales commission paid to foreign party, assessee brought on record commission bills which clearly substantiated services rendered by foreign party, claim in question could not be rejected taking a view that transaction in question was sham
Regards
Prarthana Jalan


__._,_.___


receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com





__,_._,___

No comments:

Post a Comment