TDS on Other Business Services P1006
This query is : Resolved
25 June 2025
Hello All,
We are the importers of Industrial Machines .
We have received Rs. 19.00 lac USD 22 k from our offshore vendor under P1006
How to account for it and under which section is TDS payable.
We are the importers of Industrial Machines .
We have received Rs. 19.00 lac USD 22 k from our offshore vendor under P1006
How to account for it and under which section is TDS payable.
25 June 2025
this invoice is for their service or for the machine?
26 June 2025
They are our vendors... basically as we have achieved purchase target , so they have given us a type of commission /discount
26 June 2025
so how is TDS applicable to this anyway? just account for it as commission/brokerage income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- LC charges in relation to Asset purchased should be Capitalised ?
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Invoice V/S Goods receipt Note Date
- Regarding appeal to GSTAT
- Clarification on TDS Applicability
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
