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TDS ON FOREIGN PAYMENTS RELATED TO SHIPPING BUSINESS

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2010 HI,

DO WE NEED TO DEDUCT THE TAX AT SOURCE FOR THE PAYMENTS TO BE MADE TO FOREIGN SHIPPING COMPANY, AS OURS IS ALSO A SHIPPING COMPANY. LIKE HANDLING CHARGES, Etc.,

Vijay Kumar
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Jitender

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Jitender (Expert)
07 January 2010 no, as per sec172.

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