Tds

Shridhi Jain (Company Secretary) (1678 Points)

18 March 2013  

There is one company who is wholly owned subsidiary (WOS) of Foreign company. Directors of WOS are also foreigners who are getting salary from parent company in their bank account in foreign. The salary is liable for TDS deduction by WOS. But since the directors are not receiving a single penny in India, how TDS can be deducted from their salary by the WOS? Pls guide, its urgent.