Report under 3CD
This query is : Resolved
13 December 2021
Dear Sir/Madam, One of my client paid commission to foreign national company in INR Rs. 24,000/- In 3cd Tax Audit reporting of payment without TDS to Non Resident, whereas Company is Sri lankan amd establishment in India. Is it necessary to report in payment to Non Resident col.? as I understand Non Resident means Indian Origin not Resident in India, is it correct.
13 December 2021
The company is resident in india. Report it under resident.
You are right in case of NRI but Non resident include foreign citizens and foreign companies also.
You are right in case of NRI but Non resident include foreign citizens and foreign companies also.
13 December 2021
Sir , commission Receiving company is Sri Lankan , They do not have any establishment or their own perosn over here, hence it is foreign company.In this case is it necessary to report in 3CD clause 21 (b)i...as payment to Non Resident-21(b)iA Detail of payment on which tax is not deducted......
13 December 2021
See your first query, Company is Sri lankan amd establishment in India.
In such a case it's resident.
Ruppe payment can be made only to resident.
In such a case it's resident.
Ruppe payment can be made only to resident.
13 December 2021
Sir , commission Receiving company is Sri Lankan , They do not have any establishment or their own perosn over here, hence it is foreign company.In this case is it necessary to report in 3CD clause 21 (b)i...as payment to Non Resident-21(b)iA Detail of payment on which tax is not deducted......
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13 December 2021
TDS not applicable on such payment hence no reporting required.
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