Tax Liability

Hi sir,

Since you are rendering service to a person/org ouside india u r liable to pay Service Tax.Tax Liabilty (S.Tax) must be borne by the Service Provider.

 

 

 

hi you concern with expert of this tax services or you see this site

https://www.taxsavers.in/tax-calculator

If you have provided Services outside India, no liability arises on account of Service Tax. But if the Services have been provided from India, you are liable to pay Service Tax on the Gross Service amount, whether you recover the same from client or not. As far as TDS is concerned,the party making payment is liable to deduct the same. In your case the payer is an overseas party, so they will deduct withholding tax as per tax rules of that country. Being a resident in India, your global incomes are taxable in India as per Indian Income Tax Act. So your commission income in referred deal is fully taxable in India. However, you will get double taxation relief for withholding tax deducted overseas.