Remittance outside india

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 May 2012 My client wants to import a machinery from Italy. At wat rate tds should be deducted as per IT Act and as per DTAA while making payment?
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CA CKP

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CA CKP (Expert)
21 May 2012 TDS is not to be deductible on payment for purchase of machinery...
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Querist : Anonymous

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Querist : Anonymous (Querist)
21 May 2012 Thank you Sir
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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2012 Sir what if the foreign company is having a permenant establishment in India and such remittance is connected with such permenant establishment? is the remittance liable to tax?

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