We are a newly formed Private Limited Company, operating from 1st of April,2011 from Bangalore. Our primary area of business is Social Media marketing. For this purpose we have been obtaining services from Facebook Ireland Ltd; Ireland, who do not have any permanent establishment in India. As advised, we have been deducting TDS on payments made to them @20%, for the last about 6 months, since they do not have PAN registration. Now, Facebook Ireland Ltd. is telling us that they will not be able to credit our account with TDS amount, as no tax is deductible as per DTAA between India and Ireland. We would, therefore, like to have your valuable opinion on - a) procedure for claiming refund of excess TDS deposited by us b) Our future course of action, as, it will be almost non- voable for our company to bear this extra cost We shall be thankful for your valuable advice and if you could kindly suggest a suitable consultant in bangalore to take up our case.
08 November 2011
Thanks for the clarification. can you kindly suggest to whom the claim application be addressed and is there any particluar format in which the application for refund is to be made?
CAclubindia
