08 November 2012
Should we detduct TDs of the following cases
1. payment to Foreign Vendor(Country HAAN) agaist air freight changed on purhcse of Glass Cleaner 2.Calebaration charges and certification of a measureing curves(Country Barlin)
08 November 2012
Yes, TDS would be duductible under section 195 (i) for payment to foreign company @ 40% and in case of payment made other than company @ 30%.
Before deducting TDS you should to check DTAA between the respective countries.
CAclubindia
