Tds

This query is : Resolved 

14 December 2012 Q. PEC Ltd. has made arrangement with a person residing out of India (Non Resident) on our behalf, for shipment relating formatilities, legals and other matters. For this PEC Ltd. paid him USD 5000/- (INR 260000/-) and debited the same to our account.

Whether we are liable to deduct TDS

If yes, in which account i.e. PEC or Non Resident.

Kindly advise.

thanks
naresh

14 December 2012 Payment to PEC shall be covered under sec. 194 C.

Anuj
Femaquery@gmail.com


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