Tds deduction
This query is : Resolved
Srikanth Sairaman
(Querist)
27 June 2014
Dear Sir,
I have one Query on TDS Deduction.
Our Back office Located in India and our Headquarters located in Hongkong. We are making the Vendors payments from India which was spent in India office.
Payments like International/Domestic Air Tickets , Rent for India Office etc., We are deducting TDS on Service charges on booking the Air tickets.& Rent
In case if the payment made directly from our Head quarters (Hongkong) for the above mentioned payments whether TDS is Applicable?
I have one Query on TDS Deduction.
Our Back office Located in India and our Headquarters located in Hongkong. We are making the Vendors payments from India which was spent in India office.
Payments like International/Domestic Air Tickets , Rent for India Office etc., We are deducting TDS on Service charges on booking the Air tickets.& Rent
In case if the payment made directly from our Head quarters (Hongkong) for the above mentioned payments whether TDS is Applicable?
27 June 2014
No tds is deductible when payment is made by non resident to resident where source of payment is outside India.
but it is advisable in present case to continue to make payment from India and deduct TDS thereon. as such payments are totally taxable in India and if payment would be made by non resident then it would go out of tax net.
but it is advisable in present case to continue to make payment from India and deduct TDS thereon. as such payments are totally taxable in India and if payment would be made by non resident then it would go out of tax net.
Rupesh Jain
(Expert)
27 June 2014
you can make the payment form out side india to indian vendors. TDS applicable as per indian income tax act.
but your business in india and for your exp. you have to deduct the tds as per the indian income tax ACT -1956. otherwise your exp. will disallowed.
but your business in india and for your exp. you have to deduct the tds as per the indian income tax ACT -1956. otherwise your exp. will disallowed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
