TDS on charterfees paid to a NRI

This query is : Resolved 

27 December 2008 Dear Professionals
kindly clarify the TDS applicability on charter fees alone for the Yacht to be chartered from TRAFALGAR MARINE LIMITED of Isle of Man.This Yacht will be used in the Indian coastal water for movement of passengers/pleasure trips.

27 December 2008 If section 172 apllies, then not necessary. check that.


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