https://www.taxtmi.com/forum/issue?id=107756 Tax treatment and foreign exchange compliance for commissions received in India from a foreign principal require checking service tax under the Place of Provision of Services rules and examining the contractual sharing arrangement: service tax likely not applicable where services are rendered abroad; if the proprietor receives full commission and then remits a partner's share as a diversion of income under a sharing contract, TDS may not be required. Receipt and remittance are governed by FEMA current account provisions and must follow applicable FEMA procedures. en-us Mon, 22 Dec 2014 21:47:55 +0530 Thu, 23 Jan 2025 15:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107756 Tax treatment and foreign exchange compliance for commissions received in India from a foreign principal require checking service tax under the Place of Provision of Services rules and examining the contractual sharing arrangement: service tax likely not applicable where services are rendered abroad; if the proprietor receives full commission and then remits a partner's share as a diversion of income under a sharing contract, TDS may not be required. Receipt and remittance are governed by FEMA current account provisions and must follow applicable FEMA procedures. Discussion-Forum FEMA Mon, 22 Dec 2014 21:47:55 +0530 https://www.taxtmi.com/forum/issue?id=107756