TDS For Foreign Agents Commision

Our co has foreign project where indian sub-contractor's are employed. in making payments to them we are deducting tds from their claims. now we have a centralised PAN but for TAN we have to apply it for project to project basis. so at the time of depositing challan / return filling we have to show our tan in our retun. which tan we have to write down......indian project tan, where from our finance functionis operated for that foreign project or else.

I have a related query.

 

The indian company bills directly to the customers in Sri Lanka at say 100 $. The foreign distributor (not related to the Indian Company and having no PE in India) thereafter raises an Invoice on the Indian company for the difference between the billed price and the distributor price which would vary from sale to sale. Is this income from business or commission income?

 

What is the liability to withhold taxes at present on this transaction.

Regards,

Gautam

Sir,

I have another doubt regarding the same.

A Foreign company gets Export orders for a Indian company for which the Indian Company pays some Commission. Whether TDS have to be deducted on the same???

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