Tds on foreign payment
Querist : Anonymous
Foreign service provider company is providing exhibition service to Indian company in US. where by Indian company can have a stall in US. Exhibition.
In my opinion TDS will not be applicable as service is provided outside India.
whether a Chartered Accountant can issue a form 15 CB stating NO TDS applicable in this case in point no 16 of form 15 CB.
NOte : Please reply only if you are sure about it.
Accordingly, TDS is applicable on such payment.
Querist : Anonymous
As you said as per article 7 if it is business profit then it is not chargeable to tax.
but in last line you again said TDS applicable why it is so?
In my case it is a business income to the foreign party.
so what is your final opinion?
Typographical mistake.. thanks
Querist : Anonymous
I read article 7, you are absolutely right.
thanks for your reply.
Can i ask one more related query : in form 15 CB whether it will covered under point no 13 or 14 or 16.
Thanks
Querist : Anonymous
bye keep in touch... i have sent my personal details in comment.
Anuj
femaquery@gmail.com
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