banner_ad

payment to non resident

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 August 2008 the domestic indian co. has import goods from foreign co. and for the payment of the the same the co. has taken buyers credit from domestic indian bank. and bank has tie up with foreign bank and the amount will paid by our bank directly to that foreign bank.

now indian co. have to paid interest on this credit to domestic bank. so what is the TDS rate applicable on interest paid to the bank. in addition to is there any surcharge or edu.cess
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
13 August 2008 Please se section 195.
Profile Image

CA Chetan Patel

Profile Image

CA Chetan Patel (Querist)
14 August 2008 on which amt indian or foreign currency
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details