Tds u/s 195
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 May 2013
Dear Sir,
A Ltd Exporting Capital goods. Company is appointing Foreign Party for giving services to Purchaser as a Post Sales services for running of capital goods ( Plant ) smoothly.
Now foreign Party is raising bill for said services to A Ltd in India and A Ltd has to make Payment to foreign Party.
Query :- Whether A Ltd is liable to deducted Tax at source before making Payment. If Yes than How much % .
but we Can take benefit of Sec 9 VI
A Ltd Exporting Capital goods. Company is appointing Foreign Party for giving services to Purchaser as a Post Sales services for running of capital goods ( Plant ) smoothly.
Now foreign Party is raising bill for said services to A Ltd in India and A Ltd has to make Payment to foreign Party.
Query :- Whether A Ltd is liable to deducted Tax at source before making Payment. If Yes than How much % .
but we Can take benefit of Sec 9 VI
25 May 2013
Yes, as per Income Tax Act rate is 25.75%
Anuj
femaquery@gmail.com
Anuj
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
- House Property Reporting in ITR
- Sales amount in Gstr1
- Supply through E-commerce Operators
- TDS Claim year
- Relief u/s Section 89
- TDS Challan Code
- Rent lease agreement
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Taxation on LTCG for property sold after 24JUL2024
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
