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Licence fee

This query is : Resolved 

31 March 2012 Dear Experts,

We Remittance of licensing fee to IFC Washington, but we paid this payment to other company on behalf of IFC and Other company paid to IFC.

Now my query is that,

Can i deduct TDS on payment to Other Party
and also provide me any details which is applicable for income tax purpose



01 April 2012 IT IS NOT CLEAR FROM YOUR QUERY WHETHER, THE OTHER PARTY IS YOUR AGENT OR IFC AGENT. NORMALLY, WHO HAS RAISED THE BILL, TDS IS TO BE DEDUCTED IN ITS NAME..



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