TDS on payment made on behalf on intercompany

This query is : Resolved

Suma (Querist)
Follow

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

Nilesh Shah

Nilesh Shah (Expert)
Follow

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 .

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok