Consultancy charges
This query is : Resolved
11 June 2009
We have received a bill of Consultancy charges from a foreign company for the Business Development consultancy provided by it at PALM JUMEIRAH CRESCENT.
Whether we have to deduct TDS on this payment?
Under section 194J?
Whether we have to deduct TDS on this payment?
Under section 194J?
11 June 2009
TDS deductible u/s 195. The rate differs from country to country.
11 June 2009
How he will claim the TDS Deducted from his income tax liability?
He dont have any place in india & this service is also provided outside india.
please further guide.
He dont have any place in india & this service is also provided outside india.
please further guide.
Guest
Guest
(Expert)
11 June 2009
Dear Jayesh,
Please give the suitable example about the service and in the foreign countries company they have SSN (Social Security Number).
Furthermore, They do not claim the TDS from his Income tax liability. If your company paid them then it should be some contract between your company and Foreign co., check it. In that contract, its specifically mentioned that who will be bear the bear the tax liablity.
Feel free to revert for further clarification.
Please give the suitable example about the service and in the foreign countries company they have SSN (Social Security Number).
Furthermore, They do not claim the TDS from his Income tax liability. If your company paid them then it should be some contract between your company and Foreign co., check it. In that contract, its specifically mentioned that who will be bear the bear the tax liablity.
Feel free to revert for further clarification.
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