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TDS on forex rate services


24 September 2010 We are using forex services of one of our party Mecklai Financial Services for various purpose whether tds is applicable on this or not

24 September 2010 If you are simply purchasing the forex, there is no TDS.

24 September 2010 Application of TDS is depens upon the nature of the transaction.Mere purchse and sales of forex will not attract TDS.


13 October 2010 to be specific party provides us various including export data of, updates of forex rates on daily basis, buyers creditibility status etc



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