Get 20% discount & Revise your CA subjects with online video classes – Coupon code: RSLT20


Please Wait ..

to your account


Remember Me

Forgot your password?

Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Discussion > Income Tax > TDS >

TDS on foreign remittance to London

    Post New Topic
Pages : 1

Related Files


[ Scorecard : 193]
Posted On 12 September 2011 at 16:01 Report Abuse

We have availed advertisement services from a Company located in London.  The company has advertised our product on their website.  Please let me know whether I need to pay TDS on the Foreign Remittance for this transaction

Thanks in advance.

Online classes for CA CS CMA

Share on

CA Anjali Aswal

[ Scorecard : 215]
Posted On 12 September 2011 at 16:03

Yes you have to deduct TDS on the remittance. Also you need to deposit the TDS before remitting the payment to the foreign company.

Harish Naidu

[ Scorecard : 193]
Posted On 12 September 2011 at 16:08

Please let me know the percentage of TDS to be deducted.

CA Anjali Aswal

[ Scorecard : 215]
Posted On 12 September 2011 at 16:10

Payment for Advertisment to foreign company comes under sec 195. If the foreign company is having PAN than 2% otherwise 20%


[ Scorecard : 109]
Posted On 12 September 2011 at 17:43


You need to get Form 15CB from a chartered accountant for every remittance out side India, because of the selfish fact that Indian RBI does not want INR to go out rather they want foriegn money to come in. 

So if you see 15CB, you will understand the consequances of your payment, TDS will be applicable. Dont forget to obtain 15 CB because your Bank wont remit money unless you give them 15 CB. 

Anyone can correct me if i am wrong,



CA. Anuj Gupta
Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA

[ Scorecard : 6834]
Posted On 12 September 2011 at 20:23

To me if the foreign Company doesn't have servers in India then the payment should not be liable to tax in India.


You can take undertaking to that effect and remit the money.




femaquery @

Total thanks : 1 times

There are 5 Replies to this message

Related Threads

Post your reply for TDS on foreign remittance to London

Your are not logged in . Please login to post replies

Click here to login

Not a member yet ?? Click here to signup



  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.

Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top