22 February 2024
We make use of the World-Check Information Products subscription service as a corporate client of Refinitiv Ltd. And in order to pay for these services, we need to do Outward Remittance to UK.
Refinitiv Ltd, a resident of the United Kingdom, does not have a fixed base or permanent establishment in India for the purpose of conducting business, making it a non-resident under Section 6 of the Act.
They have provided us TRC, No PE declaration, and Form 10F. In that would like your advice on whether or not TDS is applicable.
CAclubindia
