TDS on amount paid in Foreign Country by Foreign Company to its employee for employment in India - a Landmark Judgment of the Supreme Court:

TDS on amount paid in Foreign Country by Foreign Company to its employee for employment in India - a Landmark Judgment of the Supreme Court: https://www.taxtmi.com/news?id=782 TDS for salary payments functions as an integrated collection mechanism tied to the taxability of salary income in India; when remuneration paid by a foreign employer corresponds solely to services rendered in India, those foreign-paid components (home salary and special allowances) attract TDS and the payer is obliged to deduct tax. Assessing authorities must examine whether tax on such components has been paid, recover unpaid tax as an assessee-in-default, and assess interest for the period between deductibility and payment; penalty proceedings were not to be pursued given the nascent nature of the issue. en-us Mon, 30 Mar 2009 08:40:28 +0530 Mon, 30 Mar 2009 08:47:00 +0530 TaxTMI RSS Generator TDS on amount paid in Foreign Country by Foreign Company to its employee for employment in India - a Landmark Judgment of the Supreme Court: https://www.taxtmi.com/news?id=782 TDS for salary payments functions as an integrated collection mechanism tied to the taxability of salary income in India; when remuneration paid by a foreign employer corresponds solely to services rendered in India, those foreign-paid components (home salary and special allowances) attract TDS and the payer is obliged to deduct tax. Assessing authorities must examine whether tax on such components has been paid, recover unpaid tax as an assessee-in-default, and assess interest for the period between deductibility and payment; penalty proceedings were not to be pursued given the nascent nature of the issue. News - Mon, 30 Mar 2009 08:40:28 +0530 https://www.taxtmi.com/news?id=782