TDS for commission to sri lankan co.

Hi,

Needs your help on TDS applicability for our Indain Co. towards

Commission to be paid to a sri Lankan co. for its service of facilitating contract in India from another Indian company.

We received contract in India by an Indian Company. Facilitation was done by Srilankan co. We need to pay commission in USD to Srilankan co.

My querry is - Will TDS be attracted in this case, if yes at what %.

Thanks,

Manmohan

Replies (3)

dear manmohan

 

the tds has to be deducted by you, bcoz you are making  payment to an company,as commission & if you want to claim the deduction of commission as your expenes in your bussiness you have to deducted the tds on the commission

U/S 194 H

@ 10%

Thanks a lot  Pradeep & Sudhir ji.

Rgds,

Manmohan

your welcome

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