Tax deduction at Source

This query is : Resolved 

06 April 2009 does a foreign company not having a permanent establishment here need to deduct tax at source from payment made to a resident for certain preincorporation expenses of indian company liable to tax deduction e.g payment to professionals.

06 April 2009 If the payment is made in indian rupees then tds has to be deducted. If the payament has been made in foreign currency and received through FIRC of banking channel tds will not be applicable.

06 April 2009 i agree with the expert




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries