Consultancy charges

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This query is : Resolved

Jayesh Jagetiya (Querist)

11 June 2009 We have received a bill of Consultancy charges from a foreign company for the Business Development consultancy provided by it at PALM JUMEIRAH CRESCENT.

Whether we have to deduct TDS on this payment?
Under section 194J?

Aditya Maheshwari

Aditya Maheshwari (Expert)

11 June 2009 TDS deductible u/s 195. The rate differs from country to country.

Jayesh Jagetiya

Jayesh Jagetiya (Querist)

11 June 2009 How he will claim the TDS Deducted from his income tax liability?

He dont have any place in india & this service is also provided outside india.

please further guide.

Guest

Guest (Expert)

11 June 2009 Dear Jayesh,
Please give the suitable example about the service and in the foreign countries company they have SSN (Social Security Number).
Furthermore, They do not claim the TDS from his Income tax liability. If your company paid them then it should be some contract between your company and Foreign co., check it. In that contract, its specifically mentioned that who will be bear the bear the tax liablity.
Feel free to revert for further clarification.

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