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Tds on payment to foreign university

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(Querist)
10 August 2015 XYZ Ltd. has made a payment of Rs. 33 Lakhs to a foreign university for fees of its directors education. The company has claimed the same as business expenditure. Are the TDS provisions u/s 195 applicable in this case. Please advice.

Thankyou.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 August 2015 Directors education is provided outside India and the foreign university don't have any PE in India, no TDS applicable.

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