Hi,
Want to know the tax treatment in case under an agreement after a certain period , a sum of Euro 2500 is repatriated every month to a Director, who is a foreign national. He is a non resident as per the income tax rules and also does not provide any service within India.The concerned Indian company is a joint venture with the foreign co.
Will the implication be any different if the repatriation is termed as Management fee?
CAclubindia
