TDS query

Hello Sir,

I have query relating to Tds and i need your opinion

An Indian client has purchased a machinery from abroad which includes installation charges also. should the indian company deduct the TDS or not? if yes then under which sec and why?

 

plz reply

thanku

  

Replies (3)
Dear Neelam, The same needs to be seen in the light of DTAA Provision applicable to diffrent countries and section 195 of the Indoan Income tax Act. Hitesh

Section 195 of the Income tax Act, 1961 shall apply.But you have to see DTAA with the respective contries.

         Sec.195 of the Act shall be attracted and one has to verify DTAA  with the respective country.

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