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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Dis-allowance of the commission paid to non-resident foreign ...


Non-resident foreign agents' commission for services outside India cannot be disallowed due to under-invoicing or non-disclosure.

July 10, 2019

Case Laws     Income Tax     HC

Dis-allowance of the commission paid to non-resident foreign agents - under invoicing - Non disclosure of Commission to the agent paid at the time of import - There is no tax effect whatsoever by reason of the expenditure made by foreign buyers by way of commission paid outside India. - Claim cannot be denied.

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