15 May 2020
A Partnership Firm engaged in coaching work at Delhi and has to pay a sum of Rs.200000/- (Two Lacs Only) to a Nepal Resident who provided professional services in India. What is a TDS liability of Indian Partnership firm.
15 May 2020
ACIT Vs Ms. KPMG (ITAT Mumbai) Conclusion: Since the nature of services rendered by non-resident professional showed that none of the services resulted in making available of any technical knowledge, experience, skill, know, how or process, therefore, professional fee paid to non-residents could not be subjected to TDS under section 195.
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