Tds percentage

This query is : Resolved 

03 March 2015 we have to pay for our client name euclid infotech it was based on tender the payment was 28090+16854 it was 2 invoice they had send , whether we have to deduct TDS for them if yes on what percentage & it comes under which section

03 March 2015 Invoice is for what? Please tell the exact nature of service provided.

04 March 2015 what type of service your client provided?

04 March 2015 client provide us for foreign based tender for a project

04 March 2015 Foreign based tender for what type of work/service?

04 March 2015 it was to set up business deals outside the country

04 March 2015 Please refer Section 195 of the Income Tax Act 1961.


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