LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Is tds applicable?

SENTHIL SELVENDRAN (chartered accountant) (200 Points)

18 November 2015

Sir

One of our client company placing employees abroad and all the employees are foreigners.

Company engaged in the service of making all the salaries and other statutory requirements, in this regard is any TDS is applicable to my client company.

My client company is a private limited and it is incorporated in india and all the directors are indians.

Reply
Follow
Share

2 Replies

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
Replied 20 November 2015

if the salary credited and earning , offier letter are in indian account. the TDS will be applicable as per the Income tax act.

1 Like

doctor (doctor) (3 Points)
Replied 09 March 2016

dear sir

if a pharma firm has done a contract with principal investigator (a medical professional working in a university) for a drug trial and pays fees to university (as per research policy of institute) after 10% TDS deduction, and now when university pays (distributes) the share (50% according to university policy) to principal investigator, does the university liable to deduct 10% TDS again for that 50% share of the payment received ?