Foreign remmtance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2012
sir, one case is here...
one indian software company give contract to a foreign company for r n d purpose..
now problem is whether tds applicable or not while making payment to foreign company by an indian company???????????
one indian software company give contract to a foreign company for r n d purpose..
now problem is whether tds applicable or not while making payment to foreign company by an indian company???????????
13 March 2012
The services fall under professional / technical services and are liable for withholding tax. If PAN is not available, the rate of withholding tax would be 20%.
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2012
thnx swati....any min. amount exemption limit is threr or nt...
PAN is thre... tds rate will be 10% naa
PAN is thre... tds rate will be 10% naa
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