Whether liason charges payable to foreign agency is taxable?

surya (1) (62 Points)

09 February 2013  

Hi Friends

A  INDIAN CO., PAYING LIASIONING CHARGES TO FORIEGN LIASIONING AGENCY(SWEDEN INCORPORATED). SO IN THE ABOVE TRANSACTION WILL THE INDIAN CO., HAS ANY LIABILITY TO DEDUCT TAX OR NOT? IF SO WHAT IS THE PROCEDURE?

 

Kindly resolve this......... Thanks in advance.....