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service rendered outside india

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Guest

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Guest (Querist)
15 October 2008 An Indian company takes service from outside india the service is wholly rendered outside india by the foreign company. and the payment is also made outside india in foreign exchange.
So Is there any tDS Liability for indian company. and there is no any PE in india of foreign company

so TDS liability or not?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 October 2008 In the cited situation no need to deduct tax at source.

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