Tds on foreign payments
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 September 2012
Hi! i have 5 bills of a Foreign Vendor for services provided by him. I have booked all the 5 bills and deducted TDS as applicable at the time of bookig the bills. Now i need to make the payment to the vendor for which i need a Form 15CB. Can someone please advise the exchange rate to be used at the time of preparing the Form 15CB as all the bills are pertaining to different dates and different foreign exchange rates.
An early reply/solution shall be highly appreciated.
An early reply/solution shall be highly appreciated.
06 September 2012
You should take the effective rate ( Selling) of the Bank on the dates of preparation of 15 CB.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST Rate for Catering Services
- LIC maturity claim whether taxable
- TDS AND ITR ISSUE
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
