Tds on foreign payments

TDS 3400 views 16 replies
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Accounts Executive
22 Points Joined May 2009

 Yes TDS definitely attract by Section 195. And it’s very important if you have no PAN of this agent you must deduct @ 20% Income Tax for not available of PAN .

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On 10 August 2011 at 10:43 Report
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Accounts Executive
22 Points Joined May 2009

 Yes TDS definitely attract by Section 195. And it’s very important if you have no PAN of this agent you must deduct @ 20% Income Tax for not available of PAN .

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On 10 August 2011 at 10:43
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propreitor
32 Points Joined May 2011
I dont agree with samik joy. As the income is deemed to accrue and arise from the service rendered outside india it is not liable to tax in india.
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On 04 September 2013 at 18:21


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