Urgent!! please help!! income tax query.

Rakesh Rao (CA Final Student) (408 Points)

16 July 2012  

An Indian company wants to remit some money to a person in USA for professional services (scriptt writing for movie) rendered. So bank has asked for Form 15CA & 15CB.

 

My query is whether Tax is to be deducted at Source (TDS) before remittance u/s 195 of Income Tax Act or any Article of DTAA between India and US?

 

Please reply... it's very urgent!! Thanx a lot in Advance smiley