21 August 2010
If it is usance interest ( credit purchase from overses through bank) TDS is applicable under section 195 subject to DTAA,if any. Citation :- CIT Vs. Vijay Ship breaking corpn 261 ITR 113 (Guj).
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 August 2010
but sir at what rate wheter at 10% or 20% we do not have pan no of sthandard chartered bank, singapore........ kindly specified....