10 June 2011
What is entry in books of account for DTAA? Rs.100 is Prof Fee Rs.20 is Tax paid in UK Rs.80 Net Amoount. Is there any Tax Treatment/Exemption in our Books or IT return?
11 June 2011
I presume that you are providing services to UK company against services rendered from India. Ideally UK company should not have deducted TDS as [er provisions of India UK DTAA.
Now you can claim the said sum as TDS in your books of account .
CAclubindia
