Remitting the fund to the foreign country
This query is : Resolved
18 May 2023
Dear Experts,
01. A company is remitting the fund to the foreign country for the purpose of Business trip of Director.
02.Is there any TDS implications on this transactions? 03.Is there any TCS implications 5%?
Pl clarify
01. A company is remitting the fund to the foreign country for the purpose of Business trip of Director.
02.Is there any TDS implications on this transactions? 03.Is there any TCS implications 5%?
Pl clarify
31 May 2023
No TDS, but bank will deduct TCS for outward remittance.
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