Income tax paymaent to non resident

ravi (Querist) 17 May 2013 This query is : Resolved
WHAT WILL BE THE CONSEQUENCES, IF I WILL MAKE PAYMENT TO A NON RESIDENT PERSON AGAINST ANY WORK BUT I HAVE NOT EITHER DEDUCTED TAX AT SOURCES NOR TAKEN FORM 15 CA CB ?

Follow Query

Report Abuse

Ms.Nirmala P.Rao (Expert) 27 September 2013
Dear Client,

Please go in accordance with section 195 of IT Act 1961 and read the Supreme Court of India's Judgement in Mahindra & Mahindra case on this point.. It has to be deducted at source or the recipient non resident Indian will have to show such payments in his IT return and would be chargeable to income tax as per IT Act 1961.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now