Tom (P) Ltd. availed the services of a foreign company for online advertisement of its products. It has to pay a levy @__________% of the gross amount paid/payable to the foreign company when it has no permanent establis

CS Executive · Tax Laws and Practice · PYQS · June 2019
Tom (P) Ltd. availed the services of a foreign company for online advertisement of its products. It has to pay a levy @__________% of the gross amount paid/payable to the foreign company when it has no permanent establishment in India.
(A) 2
(B) 5
(C) 6
(D) 10

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act, 1961

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