We have received TDS certificate in foreign currency. Our client has deducted TDS and provided certificate in USD. Under which section we can claim this TDS? Will it be covered under DTAA??
Ketan (Sr.Manager) (36 Points)
22 June 2011We have received TDS certificate in foreign currency. Our client has deducted TDS and provided certificate in USD. Under which section we can claim this TDS? Will it be covered under DTAA??
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 22 June 2011
check the language printed on your TDS certificate, and you can find it that its credit is available in india or not.
Krishna Upadhya
(Consultant-Tax Advisory Services)
(53 Points)
Replied 15 July 2011
DTAA is the answer to your query. It depends on the country to which the deductor depends. In case India has DTAA with that country, DTAA will have the treatment for the tax deducted in that country. If India doenot have DTAA with that country, provisions of sec 91A applies.
Give the origin of the deductor, i wiil be able to tell you better.
CAclubindia
