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TDS on Retainership Agreement

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 March 2010 If a tour and travel company has an retainership agreement with foreign company in Brazil to work as a agent in that country, while making payment do we need to deduct TDS and at what rate ?
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
19 March 2010 TDS will apply if it falls within the mischief of Sec 195 " Fees for Technical Services"

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