U/S 195 under income tax act
10 August 2007
A company is paying / reimbursing registration of patent & out of pocket
expenses of same to foreign company outside India.
1. Amount payable to foreign company is income arised in India for them ?
2. TDS U/s 195 is applicable to India company ?
12 August 2007
Answer of both th epoints are "YES"
23 August 2007
yes,income is liable to tds as per dtaa