ABC Inc is a foreign company having POEM outside India. This company has a branch office PE in India. The Indian branch provided professional services to X LTD (an Indian company). Under which section X LTD is required to deduct TDS?
194J Or 195.
Menu
TDS on permanent establishment
Replies (1)
Section 195 of the Income tax act 1961 is not applicable to company or foreign company , So in my opinion you have to deduct TDS under section 194J of the Income tax act. Take others Opinion as well.
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
