TDS -Please Clarify

Normally payment of commission to foreign agent ( for Export Sales) does not attracts TDS u/s 195 , since it is exempted & clarified vide Board's circular no. 23 of 1969 dt.23.7.1969. The same was confirmed by Eminent Tax consultant Mr. S.Rajaratnam,Chennai, thro the Newspaper “The Hindu” dt 7.7.1999 . Tax Queries Column-"No TDS on foreign commission".

Now the resolved query to Mr.Shrikant(posted on 14th June ,09) & Expert Mr. CA. B. Srinivasulu-9945842240) Reply is contrary to the Tax Consultant – Advised as it is attracting TDS u/s 195 or go with the DTAA terms.

Please Clarify –Text Matter appeared in “Direct taxes Ready Reckoner “ –Dr.Vinod K. Singhania - Para No.168.4 (Payments to foreign agents of Indian exporters)
--shows exempt from TDS u/s 195

I am pleased to request to clarify again this matter Mr.CA.B.Srinivasulu or Anyone, since two different views on this matter.


Thank You in advance

Hi,

I have few queries regarding statutory requirements for registers under Excise rules:
a) Is it mandatory to maintain registers like DSA, RG 23A, RG 23C etc?
b) Can these records be maintained in Excel sheet in computer or they must necessasrily be maintained in Physical Registers or trusted Softwares only?
c) If Excel is fine, can u plz name some recognized companies which are maintaining excise registers in Excel?

Please.. Please..
Tell me how to change articleship from a present C.A. I want to Change it any cost... As i know ,If My C.A. Write a letter stating that this article is working as good aticle... so i i want to transfer it... then i can change my articleship... please tell me

raviinteractive12@gmail.com

I HAVE CLEARED CA INTER ON NOV 2007. REGISTERED FOR ARTICLESHIP ON 13 MAY 08. AM I ELIGIBLE FOR APPEARING CA EXAMS ON MAY 2010. DIFFERENT PEOPLE HAVE DIFFERENT OPINION. PLEASE CONFIRM

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what should be the amount of 'c' form issued by party out of maharastra to us. whether it is basic or full amount of invoice. One of our party from punjab issuing us 'c' form of basic amount & other from gujarat issuing it on full amount of invoice, pls tell us which is the correct method.

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