Foreign remittance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 September 2011
Dear Experts,
I have to remit a certain amount to the technical consultants in US who do not have any presence in India and the services are not rendered in India.Do I have to deduct TDS from the amount payable?
Regards...
I have to remit a certain amount to the technical consultants in US who do not have any presence in India and the services are not rendered in India.Do I have to deduct TDS from the amount payable?
Regards...
16 September 2011
in your case income is not accruing or arrising in India hence not taxable in the hands of the receipent in India and accordingly not tax is required to be deducted.
Message likes :
1 times
17 September 2011
Tax is required to be deducted under the provisions of sec. 9 of Income Tax Act.
However there are certain other finer points in DTAA which can exempt you from deducting TDS.
Anuj
+91-9810106211
femaquery@gmail.com
However there are certain other finer points in DTAA which can exempt you from deducting TDS.
Anuj
+91-9810106211
femaquery@gmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
