Tds implication on buying foreign currency


(Querist)
19 August 2019
what would be the tds implications on the following :
- if i buy foreign currency from an authorized dealer
- if i buy it directly without having a proper license

also what is the tds implication on purchase of forex currency in general ?


CA R SEETHARAMAN (Expert)


Click to Talk 20 August 2019
TDS not applicable on purchase of foreign currency.


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