04 November 2020
One of the software trading company purchases software from outside India. Is the company required to deduct TDS on purchase ??. If it will needed, what is the rate and section of TDS ??. The foreign company has PAN Card. Please guide me.
05 November 2020
Thank you sir. I have one more doubt upon deduction, will TDS Deducted on payment date or bill date??. Here, payment will be made on after two months of bill date. The payment amount might be varied depends on exchange rate.
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