Tds

TDS 637 views 3 replies

A partnershipship firm in India opens a branch in Russia this year. Rent for the office hired there is paid from bank account of firm in India. Whether TDS to be deducted on this transaction?

Replies (3)

Hey Hi,

NO TDS to be deducted on rent paid on property which is located outside India & source of income of NRI is also located outside india.

Thanks//Vaibhav
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Thank u so much....

 

Since the partnership firm is indian therefore, it's contol & mgt is in india, therefore they need to deduct tds. for tds rate read dtaa of that country with india


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