TaxTMI 
TaxTMI 
commissons payments to overseas parties if they are not having any office in india attracts TDS. Please confirm. For making such payments what formalities are to be done.
Tds on commission paid to overseas parties
28 Dec 2009 
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Tax withholding on overseas commissions: no TDS where income does not accrue in India under Section 9.
TDS on commission paid to foreign agents without an Indian presence is not required because such income does not accrue or arise in India under Section 9(1)(i) - explanation 1(b); board circulars and a Supreme Court decision are cited in support of this position, though procedural formalities for making payments are not detailed. (AI Summary)
TDS on commission paid to foreign agents without an Indian presence is not required because such income does not accrue or arise in India under Section 9(1)(i) - explanation 1(b); board circulars and a Supreme Court decision are cited in support of this position, though procedural formalities for making payments are not detailed. (AI Summary)