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Commission paid for soliciting export orders abroad isn’t taxable in India.

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  • Commission paid for soliciting export orders abroad isn’t taxable in India.
Posted onon July 3, 2013

Tenet Tax Daily July 03 2013

By tenettax-team
Corporate Tax, International Tax

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Where assessee manufacturing sophisticated chemicals, purchased a catalyst used in oxidation process of converting oxylene to pthalic anhydride, it did not amount to payment of royalty and assessee was not required to deduct tax at source while making payment.
Delhi High Court (HC) denies to quash settlement order – Authority could verify full and true disclosure by assessee till its final order.

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