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Repatriation to foreign directors

TDS / TCS 571 views 1 replies

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?

 

Replies (1)

The case needs to be seen in totality before reaching any conclusion.

 

If proper facts are there , no tax liability may be there.

 

Anuj


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