Tds under section 195

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Mustafa (Querist)
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23 February 2013 Is term/tution fees paid by the student parent to the foreighn university in New York is liable for TDS u/s 195.

Also what are the compliances should be taken care of before issuing certificate u/s 15CB & CA.

Kindly provide us the reference of any circulars or guidance notes.

@VaibhavJ

@VaibhavJ (Expert)
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23 February 2013 Hi,

No TDS is applicable for payment of tuition fees by individual.

Refer article for further details: http://www.charteredclub.com/form-15ca/

Thanks!!

Mustafa

Mustafa (Querist)
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23 February 2013 Thanks Vaibhav

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