If my company has made payment to aborad foreign company for the service which is provided outside india will the payment made in foreign currency required to deduct tds.........plz reply urgenntlyyyy
Menu
tds on foreign payment
Replies (1)
Depends on what the service is. If it is Fees for Technical Services ( That Includes technical, managerial or consultancy service including provision of personnel for such services) then you have to deduct TDS.
You refer to the Articles in DTAA for FTS. In case you have to pay lawyer or CA or other professionals refer to Article in DTAA for independent personnel services.
Recent Threads
- Cost of acquisition of a residential property acqu
- Updated IT Returns u/s 139 (8A)
- Conversion of Capital Asset (Shares) into Stock in
- Income tax-wrong head challan
- Regarding berthing of vesse
- Schedule FA reporting - peak value and cash MMF
- Partnership firm with foreign national person
- Audit required
- Deemed Withdrawal of ASMT-13 Orders & Adjustme
- Need advise with HRA claim
Related Threads
CAclubindia
