Dtaa
This query is : Resolved
15 April 2013
Whether commission on sale payable to the agent in Malaysia taxable in India for the sale made to Malaysia.
15 April 2013
DEAR RAJESH....
IN THAT CASE TDS SHALL NOT BE DEDUCTED...
BECAUSE IN CASE OF NON RESIDENT INCOME IS TAXABLE IN INDIA ONLY IT IS RECEIVED, ACCRUE OR DEEMED TO ACCRUE OR ARISE IN INDIA..
IN YOUR CASE NEITHER COMMISSION IS RECEIVED IN INDIA NOR IT IS ACCRUE OR DEEMED TO ACCRUE OR ARISE IN INDIA..
THEREFORE NO TDS IS REQUIRED TO BE DEDUCTED..
IN THAT CASE TDS SHALL NOT BE DEDUCTED...
BECAUSE IN CASE OF NON RESIDENT INCOME IS TAXABLE IN INDIA ONLY IT IS RECEIVED, ACCRUE OR DEEMED TO ACCRUE OR ARISE IN INDIA..
IN YOUR CASE NEITHER COMMISSION IS RECEIVED IN INDIA NOR IT IS ACCRUE OR DEEMED TO ACCRUE OR ARISE IN INDIA..
THEREFORE NO TDS IS REQUIRED TO BE DEDUCTED..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Itr 1 processing
- Share accounting-->fifo - capital gain - period as per fifo?
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Article ship defecit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
