TDS Applicability on import of service
This query is : Resolved
27 April 2021
I have availed software developement service from a company incorporated abroad. Invoice was issued in Rupees and service mentioned in the invoice was "Development and customisation". I want to know the TDS applicability on the above said transaction. Whether I can account the invoice?
27 April 2021
10% TDS applicable under section 195 for the fees for technical service.
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