18 April 2014
1. Is Tax to be deducted on registration fees paid to a Foreign certifying company? If so whether the Tax rate is 40% as per sec - 195?
2.Also whether The Registration fees paid to foreign company for certifying purpose will be Included under Professional charges?? (That Foreign Company will certify only after registering and again they are charging separate fees for Certifying So can I include the Registration fees also in That Professional Fees and Can Deduct Tax on that?)
19 April 2014
YOU CAN DEDUCT THE TDS U/S 195 @ 10% IF THEY HAVE INDIAN PAN OTHER WISE 20% IF COMPANY NOT GIVING SEPERATE BILL OF CHARGE AND HIS PROFESSIOAL CHARGES
CAclubindia
