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query regarding tds on shipping co.

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22 January 2011 pls tell whether tds will be deducted on payment to shipping corporation of india???whether circular no.723 apply to it or nt????
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
22 January 2011 Circular 723 applies on non resident. SCI is a indian company, circular will not apply here.
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