Monday, September 29, 2014

[aaykarbhavan] Payments made to foreign agents for mobilising sales outside India are outside the ambit of ‘FTS’



Payments made to foreign agents for mobilising sales outside India are outside the ambit of 'FTS'

September 29, 2014[2014] 49 taxmann.com 87 (Lucknow - Trib.)
IT/ILT: Where assessee made payment of selling commission to its agent located abroad for mobilising its sales in foreign countries, since said services were not in nature of managerial services, payment in question was not taxable in India as 'fee for technical services' under section 9(1)(vii)(b)
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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