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Regarding income tax on inland haulage charges
EXPERTS,
WE RECEIVED A BILL OF INDIAN SIPPING COMPANY ( GOLD STAR LINE LIMITED & AGENT STAR SHIPPING SERVICE ( I) PVT. LTD.).
IN THIS BILL MENTION FOLLOWING
TAXABLE CHARGES PAID OUTSIDE INDIA AMOUNT IS 65575. SIR WILL I DEDUCT TDS ON THIS AMOUNT ?????
Replies (2)
If the business transaction taken place in India, then tds applicable. i.e if there exist business connection within taxable territory, then irrespective of where the pyt is made, it is under the purview of Income tax act and TDS prov applicable
| Originally posted by : harsha | ||
 |
If the business transaction taken place in India, then tds applicable. i.e if there exist business connection within taxable territory, then irrespective of where the pyt is made, it is under the purview of Income tax act and TDS prov applicable |  |
WHAT WILL HAPPEN IN MY CASE
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