CA Day celebration 2024 Easy Office
LCI Learning

Tds

This query is : Resolved 

15 March 2013 I operate a BPO. I receive foreign inward remittances for my services of sale of online educational products through telemarketing. I am authorized by the outsource the business and hence I make payment to several resident individuals and companies in lieu of the services provided by them on the basis of sales made by them. For example if a product is sold by them at USD 20, we get USD 40 from foreign companies and of this, we pay USD 10 to these companies and individuals. is this payment liable to TDS.

17 March 2013 YOU ARE GETTING REMITTANCE IN CONVERTIBLE FOREIGN EXCHANGE BUT MAKING PAYMENT IN INDIAN RUPEES. YOU HAVE TO DEDUCT TDS AS APPLICABLE.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query