My company is going to procure material from overseas supplier through one overseas agent to whom we have to pay commission of $80,000/- through LC. Please confirm whether such payment of overseas commission will attract TDS. If so, uner which provision of I.T. Act, 1961.
| Originally posted by :sandeep Banerjee | ||
| " | My company is going to procure material from overseas supplier through one overseas agent to whom we have to pay commission of $80,000/- through LC. Please confirm whether such payment of overseas commission will attract TDS. If so, uner which provision of I.T. Act, 1961. |
" |
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