We are paying Interest in foreign currency to the bank which is Indian Bank. eg. Punjab National Bank - Scotland etc.
TDS u/s 195 applicable or not.
Menu
Tds from interest paid to bank
Replies (3)
Payee is Indian Company
Sorry, please read as payer is Indian Company
No TDS in case deductee/payee is a Bank...
Recent Topic
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
Related Topics
CAclubindia
