Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

applicability of TDS on stall booking in foreign fairs

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2011 can any one tell me that if i will book stall in foreign fair.now the payment will be made to foreigner.
Now my query is that would i required to deduct TDS on Such amount if yes than provision and Section with Rate of Deduction.but if not deduted than also provision of such payment.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

15 July 2011 Income is accruing to a non resident ?

Yes.

Income is arising to him outside India ?

Yes.

Income is being received outside India ?

Yes.

In that case for the organiser the income is not taxable in India and as such No TDs is required to be deducted.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now