Dtaa
Guest
(Querist) 18 June 2015
This query is : Resolved
Mr. A, Has an artist management service, entered with Firm B, LLP, An event orgainser in USA, to appoint Mr.Shaantanu Mukhrajee (Shaan) perform in concert in California. Mr. A had contract with Firm B that Firm B will directly Pay $3,00,000/- to Mr. Shaan & balance $50,000 to mr. A. Firm B has deducted withholding taxes on both payment. Mr. A will receive an regular contract from California in near future. What will be the tax treatment of Mr. A & Mr. Shaan in india ( Both are resident)??
what if Mr. A received total payment of $3,50,000/- less Withholding taxes & Pay to Mr. Shaan.
Guest
(Expert) 18 June 2015
Yours is purely an academic question.
By the way, in what way you are concerned with Mr. A, Firm B or Shantanoo Mukherjee (Shaan).
Moreover, a person receiving $3,00,000 or $3,50,000 has the capacity to afford to hire services of a tax consultant.
Anirudh
(Expert) 18 June 2015
If your teacher had given this problem to you to solve with regard to the provisions in the Double Taxation Avoidance Agreement, better study the DTAA and answer/solve the problem yourself. At this stage itself do not try to get the problem solved through outsourcing. If you solve the problem yourself, you will emerge a good lawyer fully knowing the subject. Otherwise, it will be a waste of your study.
