Sales commission received from foreign client
This query is : Resolved
22 December 2011
Dear All,
Can anybody help us to tackle the below narrated issue.
The company get the proposal from one of the foreign client.
The foreign clinet will give all components.The Indian company needs to assemple and sell at the proce decided by the foreign client. The indian compy should send all sales proceeds except the agreed portion for commisson/service.
Pls help us to know tax liability of the above transactions
Can anybody help us to tackle the below narrated issue.
The company get the proposal from one of the foreign client.
The foreign clinet will give all components.The Indian company needs to assemple and sell at the proce decided by the foreign client. The indian compy should send all sales proceeds except the agreed portion for commisson/service.
Pls help us to know tax liability of the above transactions
23 December 2011
Dear Vinod,
As per the facts narrated above, the Indian company becomes a dependent agent of the non resident and may be treated as PE of the non resident in India.
In such case u need to look into the relevant DTAA provisions read harmoniously with the provisions of Income Tax Act to determine the tax liability of the transaction.
CA Abhishek Rana
9899 249248
As per the facts narrated above, the Indian company becomes a dependent agent of the non resident and may be treated as PE of the non resident in India.
In such case u need to look into the relevant DTAA provisions read harmoniously with the provisions of Income Tax Act to determine the tax liability of the transaction.
CA Abhishek Rana
9899 249248
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- Invertaded duty struture
- TDS ON EMAIL DOMAIN SERVICE BILL
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
