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TDS

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(Querist)
01 November 2010 Will TDS applicable for certification done by a Non - Resident firm to a Resident in India?

Ex : Certification rendered by X textile industial institute (Non-Resident) to Y knitting Co. (Resident). Amount Rs.2 Lakhs.
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venkatraman shrinivas

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venkatraman shrinivas (Expert)
02 November 2010 TDS has o be effected since the benefit of certification is received in India, which constitutes a basis for the Indian enterprise to develop its business.

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