TDS/Withholding Tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2011
Is TDS/Withholding Tax will be applicable on services rendered by the Advocate in other countries and payment made in foreign currency to the credit of his foreign bank account?

Vivek Raju P

Vivek Raju P (Expert)
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24 January 2011 No it does not fall under the categories royalty / FTS / Interest so will not be liable to TDS.

However you will have to file forms 15CA and CB

Querist : Anonymous

Querist : Anonymous (Querist)

25 January 2011
Thanks for your inputs. Does it mean that except royalty/FTS/Interest all other services rendered like advertisement, sales commission for the services rendered outside india etc.,by a foreign company/foreigner will be exempted from withholding tax?

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