As per section 195 of the income tax act if we have to deduct TDS on any payment made to a foreigner. My query is that if I pay the sum which is "an income not accrue or arise in India" then am I liable to deduct TDS thereon u/s 195?
08 June 2015
Thanx a lot sir for such an immediate response.
Sir, just to confirm; does the following income paid by indian assesse fulfill the criteria of 'income accrue or arise in India' or not: "freight payment made to the trucking agency situated in china to truck the goods from Chaina to Hongkong"
CAclubindia
