with holding tax

MANISH PANCHAL (service) (174 Points)

24 November 2007  

We are paying interest on foreign LC to oversease beneficiary and professional fees to oversease consultant on which with holding tax amount payable whichi is charged to profit and loss a/c . we wants to save these expenses(with holding tax exp.) by proper tax planning ,whether there is procedure to get non deduction certificate or otherwise ??

pl.let me give tax planning tips to save with holding tax