Is TDS to be deducted on remuneration paid [within limits on 40(b)] to non resident Partner? If yes, under which section?
Replies (2)
Quick Summary
This discussion explores whether Tax Deducted at Source (TDS) is applicable on remuneration paid to a non-resident partner, specifically when this payment falls within the limits set by Section 40(b) of the Income Tax Act. It seeks clarification on the relevant section under which TDS should be deducted, considering options like Section 195 and Section 94LC.