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TDS ON FOREIGN REMITANCE TO AUSTRALIA FOR REPAIR OF MACHINE

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(Querist)
14 March 2008 OUR CLIENT HAS SENT A MACHINE FOR THE REPAIR TO AUSTRALIA FOR REPAIR, FROM WHICH THE MACHINE HAS BEEN PURCHASED EARLIER, THEN AT WHAT RATE THE tds u/s 195 HAS TO BE DEDUCTED , WHICH IS BENIFICIAL TO THE ASSESSEE.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
14 March 2008 As per Tax Rates applicable in India under ADT Agreement, 10% tds will be deducted.

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