Tds on remittance to uae company

TDS 1232 views 1 replies

Dear Experts,

 

Ours is a Partnership Firm, we supplied a machinery to a  Dubai company say 'X';  

 

 

For Installation (In Company 'X') we availed services from another Dubai Company say 'Y'

 

 

Now we want to Remit the funds to that Dubai Company 'Y'

 

 

Kindly Let me know whether this transaction attracts TDS? If So, What is Rate?

 

 

Thanking you

Murali

kmuralica @ gmail.com

Replies (1)
TDS is not applicable, as per proviso sec 9 the income does not deemed to accrue or arise in India.


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