Commision income
This query is : Resolved
15 December 2009
Is the commision income received from outside india taxable in the hands of resident indian. If yes, at what rate
Madhukar N Hiregange
(Expert)
15 December 2009
This maybe a an export of services under BAS - Commisison agent where the orders are decided outside India onlead provided by teh comm agent. As long as the same are recived in Convertible foreign exchange the same should be excluded.
However we find that the clarity at the tribunal level seems to be reversed at the High Court/ Supreme Court level at times which is quite worrying.
However we find that the clarity at the tribunal level seems to be reversed at the High Court/ Supreme Court level at times which is quite worrying.
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