TDS on foreign remmitance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 April 2011
Payment made by indian company to foreigner against MOU to take professional service out side india to establish a factory outside india.
please give expert advice with reference case law/case study/other refernces:
1- professional Service take out side india.
2- professional has not any agent/office/branch/establishment in India i. e. no relation in India.
3- There is no relation between company and professional apart from this transaction.
please give expert advice with reference case law/case study/other refernces:
1- professional Service take out side india.
2- professional has not any agent/office/branch/establishment in India i. e. no relation in India.
3- There is no relation between company and professional apart from this transaction.
CA MANOJ GUPTA
(Expert)
22 April 2011
THE INCOME WILL NOT BE CHARGEABLE TO TAX IN INDIA
U CAN REFER TO ADIT V. WIZCRAFT INTERNATIONAL 38(II) ITCL 91(MUM-TRIB)
U CAN REFER TO ADIT V. WIZCRAFT INTERNATIONAL 38(II) ITCL 91(MUM-TRIB)
CA. Anuj Gupta
(Expert)
25 April 2011
The same can be taken out of tax net by virtue of provisions of sec. 9(1)(vii)(b)of Income Tax Act,1961.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
