Tds on non resident
This query is : Resolved
17 June 2015
I seek your valuable advice for below
Assessee A a firm in India sub contracts a project to B in Saudi Arabia. B is a company based in Saudi Arabia and work will be executed in Saudi Arabia. Whether TDS is applicable for this transaction. If TDS is applicable then at what rate?
Thanking you in advance for your valuable opinion.
Assessee A a firm in India sub contracts a project to B in Saudi Arabia. B is a company based in Saudi Arabia and work will be executed in Saudi Arabia. Whether TDS is applicable for this transaction. If TDS is applicable then at what rate?
Thanking you in advance for your valuable opinion.
17 June 2015
yes tds applicable u/s 195.................
Message likes :
1 times
CA R SEETHARAMAN
(Expert)
17 June 2015
B is a company based in Saudi Arabia and executes work in Saudi Arabia no TDS applicable.
B is a non resident company rendering service outside India income not taxable in India.
B is a non resident company rendering service outside India income not taxable in India.
Message likes :
1 times
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Capital gains in IT returns
- Urd purchase entry in tally prime
- GSTR-9C filing
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
