Income deemed to accrue outside India
This query is : Resolved
khushboo nangalia
(Querist)
11 December 2008
Whether commission paid on export sales paid in foreign currency abroad will be treated as income deemed to accrue outside india
Ravikumar.G
(Expert)
12 December 2008
Commission paid to a non resident agent for rendering services outside India, such income does not accrue or arise in India u/s 5 and such payments are not taxable in India. Otherwise it is deemed to accrue or arise in India even if it is paid in foreign currency.
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