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| *The Commerce Journal>>>India Taxes |
Taxation.pls help???? |
Whether TDS is deductible on commission paid to foreign national in foreign currency who has not permanent establishment in INDIA? TDS on commission or any other payout is deductible when the payment is made to a resident indian. As you have mentioned that the foreign national is getting the payout and he seems to be a non-resident, no TDS is deductible. on reading the act its apparent that TDS on commission is deductible only in case of RESIDENT |
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you can download the same from here ... download free tax calculator from following link for 2007-08 and 2008-09 ... There is no service tax for 100% EOU. You should have obtained green card for it. You could have reimburse the tax already paid at the time of filing return ...For ETDS no courses are needed. actually there are several companies providing softwares for ETDS. The ETDS in most of the softwares will be in simple excel format, which simply needes to be fil... For a saving of Rs. 1 Lac u/s 80c, you may save a max. of 30 odd % as per your slab.. it comes to about 30900. But the plans i design from LIC can save you upto 70% income tax !! Yes it is possi... download free tax calculator from following link ... You need to enquire in incometax office or to any expert of income tax. ...dunno what a pan card is, your mad giving out numbers on here ... |
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