Tds rate for royality payment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 December 2014
Dears,
We need to make the payment of Royality and this Amount is Hedged.Could you guide me on what exchange rate TDS is to be deducted & Service Tax is to be Booked whether on market rate or hedged rate?
(Eg: Today's Exchange rate is Rs.70/1Euro & Hedged rate is Rs.75/1Euro. here what exchange rate TDS is to be deducted & as well Service Tax to be paid)
We need to make the payment of Royality and this Amount is Hedged.Could you guide me on what exchange rate TDS is to be deducted & Service Tax is to be Booked whether on market rate or hedged rate?
(Eg: Today's Exchange rate is Rs.70/1Euro & Hedged rate is Rs.75/1Euro. here what exchange rate TDS is to be deducted & as well Service Tax to be paid)
30 December 2014
TDS deduction and service tax payment may be made considering today's exchange rate.
30 December 2014
tds on amount of when you tfr the amount .on amount paid.
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
- Upload Level Validation Error
- Deduction for HUF
- EXEMPTION UNDER SECTION 54 FOR UNDER CONSTRUCTION FLAT
- How to add NRE account to income tax profile?
- Merger issue
- Nill TDS Return FY 2025-26
- Salary u/s 194C
- Sale of foreign shares by Indian resident
- Form 10E requirement for Leave encashment and Gratuity received at retirement
- AY2025-26- Bug in ITR2 Online Filing - TDS Section related to Property Sale
- TAXABILITY OF STATE INSURANCE MATURITY RECEIPTS BY RAJASTHAN GOVERNMENT EMPLOYEE ON RETIREMENT ?
- Document to add trade name
- GST Partners addition
- Non-disclosure of Foreign Shares & Dividend in Past ITRs – How to Rectify & Report Now?
- ICWAI-Final best coaching center for online by English
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Refund_ Insufficient in credit ledger
- EPF Withdrawal Where to show in ITR2
- 54 F disallowance presentation in ITR 2
- TDS on disallowance and reporting
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
