tds on foreign bank charges


This query is : Resolved 

21 June 2011 Please guide me on whether on foreign bank charges tds will be deducted or not?

23 June 2011 Would please elaborate your question.

For your reference, TDS u/s 195 will deducted on payments to Non- Resident on interest, Technical Fees or any other sum. If the Non- Resident declare that he has no PE in india then we may not deduct the TDS.


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