Tds under sec 195
This query is : Resolved
Mantu Agarwal
(Querist)
02 December 2011
Dear Sir,
We are Indian company exported goods to Foreign Company,Sri Lanka.
We have given certain %age of FOB Value as Agency Commission which is less from Sale Bill.
My query Is TDS deductible on such Commission?
We are Indian company exported goods to Foreign Company,Sri Lanka.
We have given certain %age of FOB Value as Agency Commission which is less from Sale Bill.
My query Is TDS deductible on such Commission?
sunil nanda
(Expert)
03 December 2011
yes tds is deducible on such commission
CA. Anuj Gupta
(Expert)
04 December 2011
TDS is not deductible under 195.
There are various High Court and Supreme Court judgements on the same.
Anuj
+919810106211
femaquery@gmail.com
There are various High Court and Supreme Court judgements on the same.
Anuj
+919810106211
femaquery@gmail.com
sunil nanda
(Expert)
05 December 2011
dear anuj gupta ji,
please clearify the matter with example and under which section tds is deductible in this case
please clearify the matter with example and under which section tds is deductible in this case
CA. Anuj Gupta
(Expert)
05 December 2011
Dear Shri Sunil Nandaji,
I don't understand what example I can give you in the above matter.
And I think you have not read my reply, which said "TDS is not deductible under section 195".
In case of any further clarifications you may please mail to me directly.
Anuj
I don't understand what example I can give you in the above matter.
And I think you have not read my reply, which said "TDS is not deductible under section 195".
In case of any further clarifications you may please mail to me directly.
Anuj
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