Hi Guys
I would like to post a question
I am running a company in Dubai - UAE and am working as an Agent for several indian based manufacturers who are exporting their merchandise into Dubai
I am taking care of the sale & marketing of their products here in my market among my clientele.
The commission that i make on these transactions is payable by the Indian Companies which they remit to me into my account in Dubai.
Is my commission income liable to incur TDS in India
Asking this because a certan supplier of mine has advised me that due to some rule change (recently) my income which they transfer out of india attracts TDS of 10 percent or so.
(it would be really surprised if it does, as i am living in dubai, my company is in dubai and im getting my money in dubai - in essence why should i pay anything to anyone in india , )
Can someone enlighten me on this.
The references / relevant articles/section nos of the Indian Income Tax guidelines will be helpful.
CAclubindia
