Bimal Mehta (Senior Accountant & finance managerial) (180 Points)
19 June 2010We have bought machinery from Europe . And for installation and other service , Engineer from Europe company has visited India for 4 days . They have raised the Bill on our company for Rendering Technical service ( Hotel stay bill has been paid by us in india ) .
Now we want to remit this amount to them . Will TDS applicable on this transaction ?
Let us know your valuable suggestion .
Rajat Garg
(Article)
(47 Points)
Replied 22 June 2010
Tax will be deducted on Technical service only.
Reimbursment of actual expenses are not liable for TDS
Form 15CB is to be taken form a Chartered Accountant.
Bimal Mehta
(Senior Accountant & finance managerial)
(180 Points)
Replied 24 June 2010
| Originally posted by : Rajat Garg | ||
 |
Tax will be deducted on Technical service only. Reimbursment of actual expenses are not liable for TDS Form 15CB is to be taken form a Chartered Accountant. |
 |
Techincal service is usd 1200
How much % tax will be applicable .
Thanks
CAclubindia
