Tds deduction bangladesh
This query is : Resolved
16 October 2018
Hi,
I have a query regarding web services export payment from Bangladesh.
A firm registered in Bangladesh uses web services from me as it is my first experience with them, I have generated a invoice to them suppose of USD 500, now that firm informed me that a TDS of 20% will be deducted from the USD 500 and balance will paid to me.
I want to know two things here, does this TDS 20% thing exist, if yes, then is it possible to claim it here in my filing.
Thanks in Advance for your help!
Regards,
Sukhmeet Singh
I have a query regarding web services export payment from Bangladesh.
A firm registered in Bangladesh uses web services from me as it is my first experience with them, I have generated a invoice to them suppose of USD 500, now that firm informed me that a TDS of 20% will be deducted from the USD 500 and balance will paid to me.
I want to know two things here, does this TDS 20% thing exist, if yes, then is it possible to claim it here in my filing.
Thanks in Advance for your help!
Regards,
Sukhmeet Singh
16 October 2018
Yes TDS exist get certificate of TDS deducted and claim DTAA relief while filling ITR in India.
16 October 2018
Hi Sir,
Can you please elaborate more about this process.
Regards,
Sukhmeet Singh
Can you please elaborate more about this process.
Regards,
Sukhmeet Singh
17 October 2018
Relief can be claimed while filling ITR in India for the taxes deducted in Bangladesh. This is related to provisions of double taxation avoidance agreement.
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
- Exiting partner in partnership firm in gst portal
- CLOSING STOCK QUERY
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Error in uploading Form 10BD
- Banking Related Issue
- Difff in ais receipts and gst turnover
- Loss of interest in PF transfer from EPFO to Trust
- ITR-3 File/Error Found
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
