Hongkong company is selling hosting services through its website, the services are performed and delivered in Hongkong, but payment is made in INR on the website through Worldpay gateway. Does the Indian customer required to deduct TDS, If yes @ what rate. Also there is no Tax treaty in between Hongkong and India
Menu
Tds on foreign company
Replies (1)
Dear Rahul yes tds need to be deducted in this case and education cess is also applicable in case of foreign. Please refer to section 195. And may be yes, hongkong India treaty is there please make a google search (dtaa). Regards
Recent Topic
- 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
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
Related Topics
CAclubindia
