Commission paid to Non-residents – The limit provided under the ...
Foreign Commission Payments: RBI Forex Limits Don't Affect Income Tax Allowability Under Income Tax Act.
June 10, 2014
Case Laws Income Tax AT
Commission paid to Non-residents – The limit provided under the RBI guidelines for remittance of commission is relevant only for the purpose of remittance in foreign exchange and is not relevant for determination of the allowability of the expenditure under the Income Tax Act - AT
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