An Indian resident co. has taken services from an architect from Australia & USA. Will tax payment/tax liability differ if payment made is in U.S. Dollar?
Menu
Payment made in forign currency
Replies (2)
Under Import of service laws (laymen' terms); taxability under Architect service is examined from the viewpoint of where the property is located in relation to which the the architect's services were sought. If the property is located in India, then the possibility of being subject to service tax is quite significant.
ok.. thanks.. just needed confirmation.. thanks alot
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
