Tds on payment to foreign company
This query is : Resolved
21 December 2011
hii , i would like to know if tds has to be deducted in the following case :
the assessee is a pvt ltd. domestic company . it has to pay travelling expenses to a foreign company which is based in Netherland. the foreign company has to undertake inspection of a shipping vessel which has sunk in the waters of Doha . the payment of travelling expenses has to be made in foreign currency .is TDS attracted on this payment ?
the assessee is a pvt ltd. domestic company . it has to pay travelling expenses to a foreign company which is based in Netherland. the foreign company has to undertake inspection of a shipping vessel which has sunk in the waters of Doha . the payment of travelling expenses has to be made in foreign currency .is TDS attracted on this payment ?
21 December 2011
the resident company had a shipping vessel which used to operate in gulf waters .
CA. Anuj Gupta
(Expert)
22 December 2011
If the following conditions are met then there should be no TDS:-
1. The bill for travelling expenses should be seprate.
2. The supporting bills/vouchers for travelling expenses so claimed should be attached to the bill.
Anuj
+91-9810106211
femaquery@gmail.com
1. The bill for travelling expenses should be seprate.
2. The supporting bills/vouchers for travelling expenses so claimed should be attached to the bill.
Anuj
+91-9810106211
femaquery@gmail.com
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation Error – Mandatory Fields
- GSTR9 Annual Return
- GST ITC as per notification 12/2023- central tax
- Rent agreement of House of deceased person
- Form 144 TDS Return Validation error
- Capital Gains Tax on Inherited Mutual Fund
- Ito add credit side of bank
- 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
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
