International Taxation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2009 I have a situation..........

AN Indian Company receives Consultation Service on a regular basis from its related Foreign Compnay. The said Foreign company doesn't have any base in India. Their Employees visit Indian Company once in a while, but that doesn't even exceed 90 days altogether in a Financial year.

In this case, please advice me, whether the Indian Company has to deduct TDS on the Consultation Payments and at what rate(if yes)?

In case, the Foreign company's employees visit more than 90 days, what will be the effect?

Please, i request you to include the respective tax rates with section, if its applicable?

chetan soni

chetan soni (Expert)
Follow

20 November 2009 As you said Indian company is receiving the consultation fees from foreign company. Then you don't need to deduct any TDS.

If the employees of foreign company visits india & the expenses of the same is incurred by the Indian company. If the same is recovered from foreign company then there will not be any problem. If the same is brone by the indian comapny then the implications of such transactions will be shown as entertainment expenses.

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Pratap Kumar De

BIBIN KUMAR

CA Lalit Kumar Agrawal

CA Ravindra Jain

Yash

Subscribe Now

International Taxation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA