TDS

This query is : Resolved 

12 April 2010 Indian company enters into agreement with foreign co in Finland to sell their software and give technical support to clients in India to whom software is sold. Now while remitting the proceeds to the foreign company on sale of software as well as AMC how much TDS should be deducted by Indian Co considering that Foreign co does not have PAN. Should the foreign co apply for PAN

12 April 2010 TDS ON AMC TO BE DEDUCTED U/S 195 @ 30.9%.
NO TDS ON SALE OF SOFTWARE.






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