Author : Anonymous
( Author )
20 June 2012
hi to all professionals.. A company doing shipping services at indian port. This company is an agent of uk based company.. That uk company has grant of 100% DIT relief for the financial year 2011-12. MY DOUBT IS WHETHER TDS IS APPLICABLE FOR SHIPMENT CHARGES PAID TO THIS AGENT COMPANY. And
whether tds is applicable for ocean fright i.e shipment charges
Whether sec 172 is applicable
or sec 194c is applicable.
And also what is the impact of double taxation avoidence agreement here ?