Dear experts,
If a partnership firm paid audit fee (factory compliance audit) in USA, is there a TDS liability?
Dear experts,
If a partnership firm paid audit fee (factory compliance audit) in USA, is there a TDS liability?
Yes, there is a TDS liability.
But service provider says that payment not subject to Income Tax in India in view of the beneficial provisions available under the India-USA tax treaty.
Payment made in USA for audit fee is a major source of revenue for most companies.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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