Is TDS applicable when the services are recieved in a foreign country(namely UK) by an Indian company trough a foreign Agent.The payment is being made by the Indian company.The nature of service are marketing services.Is TDS deductible on the services.what rate the TDS is deductible at??
Menu
TDS on foreign remmitance
Replies (2)
DEAR ANKIT,
IF THE STATUS OF FOREIGN AGENT IS NON RESIDENT OR RESIDENT AND NOT ORDINARY RESIDENT, NO TDS WOULD BE DEDUCTIBLE AS THE SERVICES RENDERED OUTSIDE INDIA AND INCOME RECEIVED OUTSIDE INDIA. IN CASE OF NON RESIDENT OR RNOR, IF INCOME ACCRUES OR DEEMED TO ACCRUE OR RECEIVED OUTSIDE INDIA, IT WILL NOT LIABLE TO TAX INDIA..
REGARDS,.
MANOJ
agree to manoj
Recent Topics :
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
Related Topics :
CAclubindia
