Assessment of income on the non-resident in the name of the ...

Income Tax

May 13, 2016

Assessment of income on the non-resident in the name of the agent - view of the provisions of Section 165 of the Act, even though the assessment may be in the hands of a representative assessee u/s 163(3), there is no bar on direct recovery, of taxes so held to be leviable, from Carbijet Inc - AT

View Source

← Previous Next →

Assessment of income on the non-resident in the name of the ...

Income Tax

May 13, 2016

You may also like:

TDS u/s 195 - The agent may be main client, but the law mandates that the non-resident should be the main client of the agent. Therefore, this reasoning of the Ld....

The commission has been paid to non-resident outside India for services rendered outside India - where the non-resident agent operates outside India, no part of his...

Transfer of Funds from Non-Resident Ordinary (NRO) account to Non- Resident External (NRE) Account. - Cir. No. 117 Dated: May 7, 2012

Validity of reassessment against representative assessee - representative assessee/agent in relation to a Non-resident u/s 163 - The notice u/s. 143(2) of the Act in the...

Representative assessee u/s 160 or u/s 161 - In the present case, the assessing officer has passed an order in the name of the assessee without specifying that the above...

Holding of Directorship in more than the maximum number of companies - continuation in holding such directorship even after one year from commencement of the Companies...

Accrual of income - non realization of ‘Provision for surcharge’ - even though the assessee has been following mercantile system of accounting, since it is not real...

Payment of commission to non-resident agents – Liability to deduct TDS – Question of law not challenged before Tribunal - merely because amount is more, that by itself...

Holding Directorship of companies in excess of the limits prescribed (29 Companies) u/s 165 - Applying the above principles to the instant case on hand, it is found that...

Non-deduction of TDS on the agency commission paid to non-resident agents u/s 195 - commission payments to the non-resident agents are not taxable in India as the...

Quick Updates: