ayush khandelwal (articled assistant) (53 Points)
18 May 2015Hello,
Our Company is about to purchase Domain Name from a foreign based company. Do we have to deduct TDS in the transaction ?
If yes, then under what section and by what rate ?
If no, then please justify the reason of same.
Thank You.
Yogesh Goel
(Chartered Accountant)
(192 Points)
Replied 18 May 2015
Providing Domain name shall amount to provision of Technical Service and shall be liable to deduct TDS u/s 194J.
ayush khandelwal
(articled assistant)
(53 Points)
Replied 06 June 2015
But they are a foreign company.
Doesn't itmake any difference ???
CAclubindia
