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Salary paid by an Indian co for foreign company

Tax queries 997 views 1 replies

Dear all members of CAclub,

I need to understand with reference to below queries.

A public limited company in India wanted to make payment and all expenses to an employee who is employed by a foreign company under an agreement. The employee is resident in India and working in India.The Indian company will deduct TDS from his salary and at the end of the year Indian company will receive everything from foreign company (what ever paid in India) including some commission. The person is a non executive director of the Indian Company.

Can any members will guide me towards above and if possible how to execute.

Best Regards,

Amit

 

Replies (1)

Dear Amit,

What has been planned is perfect from the point of view of all the angles i.e. Income Tax , Transfer Pricing & FEMA.

 

Anuj

+91-9810106211

femaquery @ gmail.com


CCI Pro

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