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Tds applicability on foreign payments

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(Querist)
16 June 2015 Dear Experts,

Please tell whether the TDS u/s 195 is to be deducted on advance payment made to Foreign Company in lieu of purchase of goods to be imported into India for the purpose of Resale.
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
16 June 2015 No tds if co not having PE in India

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