Re withheld tax

146 views 1 replies
A Ltd is a game developing company. the games have been purchased by people outside India, so the amt is in US $... also withheld tax @ 15 % has been deducted from the amount of sale of games.
the actual invoice is as under-

gross revenue $ 785.22
(-) pmt processor fees $ 54.29
(-) itch.io cut $ 38.52
(-) adj. $ 3
(-) withheld tax (15%) $103.41
------------
owed to you $ 586

so whether a Ltd can claim the above withheld tax in its ITR?
I mean whether the above withheld tax has to be treated like TDS in the books ?
also please provide if any reference is available for above query
Replies (1)
Yes you can claim the above withheld tax submitting foreign tax credit certificate while filing ITR


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register