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TDS DEDUCTION & FORM 15CA APPLICABILITY

This query is : Resolved 

06 June 2023 I HAVE BEEN USING CERTAIN TOOLS OF USA LIKE SLACK, CLICKUP WHICH ARE USED FOR COMMUNICATION AND PROJECT MANAGEMENT TOOLS. NO IP IS TRANSFERED TO MY ORGANISATION, THEY HAVE BEEN DEDUCTING AMOUNT ON MONTHLY BASIS IN US DOLLARS FROM MY CREDIT CARD. ALL THOSE AMOUNT ARE BELOW $ 100. WHETHER THIS IS LIABLE TO TDS AS WE USING TOOLS WHICH ARE LOCATED OUTSIDE INDIA AND NO IP IS TRANSFERED TO US. WHETHER FORM 15CA IS APPLICABLE FOR SUCH PAYMENTS.

06 June 2023 When payment made is below Rs 5 lakh: For such payments information is required to be submitted in Part A of Form 15CA

07 June 2023 WHETHER THOSE SUBSCRIPTIONS ATTRACT TDS?




07 June 2023 TDS not applicable in this case.

07 June 2023 IS THERE ANY PENALTY FOR FILING FORM 15CA POST TRANSACTIONS? AND HOW MUCH IF APPLICABLE

07 June 2023 No problem file it now.
Usually the bank will ask for it before remittance.



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