IS TDS APPLICABLE...............?

This query is : Resolved

Venkatesha.J (Querist)
Follow

12 February 2010 Royalty payment i.s forign remittance whether we have to deduct TDS including of service tax ( Gross amount) or excluding of service tax( on net amount)

Kindly suggest.

CA Shishir

CA Shishir (Expert)
Follow

12 February 2010 TDS has to be made on the entire amount billed. There is no question of excluding any taxes

CA Prashant Gupta

CA Prashant Gupta (Expert)
Follow

12 February 2010 if payment is made to foriegn party which has no PE (permanenet establishment) in India and payment is directly to party in foreign then no TDS u/s 195(2).

Bimal Thacker

Bimal Thacker (Expert)
Follow

12 February 2010 Dear Shishir Sir,
I have one doubt,
Suppose in above case payment of Service tax liability is on remitter (Indian assessee) like service tax on GTA, then by deducting TDS only on Royalty payment the compliance of TDS can be fullfil?
As I have seen then in case of freight payment in which company is paying service tax, Tax is deducted only on freight amount and not on service tax which company has paid.

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

tsrandcompany@gmail.com

John Ravindran Moses

CA Uzma Khan

Adv Ashish Vishwakarma

yadagiri

Subscribe Now

IS TDS APPLICABLE...............?

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Senior Executive

Manager- Finance and Compliance

GST CONSULTANCY

GST CONSULTANT

CA Final