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Tax Deducted at source

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(Querist)
06 December 2008 A company in luxembourge stock exchange (london) wants to pay listing fees, is the TDS applicable on it? If yes what is the procedure and the rates?
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CA Mani

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CA Mani (Expert)
06 December 2008 Yes, pment to non residents is to be ded u/s.195. Refer Sec.195 for rates. (Avg rate of tax on income)

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