Monday, 29 September 2014

Payments made to foreign agents for mobilising sales outside India are outside the ambit of ‘FTS’

IT/ILT: Where assessee made payment of selling commission to its agent located abroad for mobilising its sales in foreign countries, since said services were not in nature of managerial services, payment in question was not taxable in India as 'fee for technical services' under section 9(1)(vii)(b)


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