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Tds on foreign payments

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Samik Roy (Accounts Executive) (22 Points)
Replied 10 August 2011

 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 .



AZIZ SHAMSUDHIN (propreitor) (32 Points)
Replied 04 September 2013

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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