Business Standard

Fees for complete execution not taxable

Foreign Enterprises

Image

H P Agrawal New Delhi
 Sometimes the foreign enterprises carry out the work directly and sometimes they only supervise. There has been a controversy whether the fees received by a foreign enterprise for it is liable to be taxed in India or not.

 Several courts have held that when a foreign enterprise undertakes setting up, assembly and commissioning of imported equipment in India, the fees payable for such services falls in the category of

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 08 2003 | 12:00 AM IST

Explore News