16 March 2009
Can someone clarify me that if we paid interest agt. purchase in foreign currency then we are liable to Deduct TDS on such amt. or not . Please reply me as soon as possible.
16 March 2009
Any payment like Interest, Commission, Professional Fees etc made to outside India then TDS Should be dedcuted as per Section 195 of the IT Act 1961.
CAclubindia
