14 December 2012
Q. PEC Ltd. has made arrangement with a person residing out of India (Non Resident) on our behalf, for shipment relating formatilities, legals and other matters. For this PEC Ltd. paid him USD 5000/- (INR 260000/-) and debited the same to our account.
Whether we are liable to deduct TDS
If yes, in which account i.e. PEC or Non Resident.