Hello,
We have a client company which sent its employees to a foreign country to take training in a university established in that country. The foreign university doesnt have any permanent establishment in india. The amount payable by indian co. to the foreign university is $15,000. Is there any tax liability in this case. Is the indian co. liable to deduct income tax (tds) on the payment to be made. Please advise as per law.
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TDS on payments made to a foreign university.
Replies (1)
Training fees shall not be considered as a 'fees for technical services' within a meaning of section 9(1)(vii) of the Act and hence, not liable for TDS. Kindly refer the judgement of Lloyds Register Industrial Services (India) Pvt. Ltd. vs. ACIT [ITA No. 940 & 7628/Mum/04].
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