TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 December 2010
Dear Experts
X Co is doing Web development Business earnings are in USD and making payment for Advertisement expenses in USD to the forieng countries.
My query is we need to deduct TDS or not, if yes at what rate.
Pls clarify
X Co is doing Web development Business earnings are in USD and making payment for Advertisement expenses in USD to the forieng countries.
My query is we need to deduct TDS or not, if yes at what rate.
Pls clarify
16 December 2010
You need to be more clear with your question. If you are asking about Professional charges paid to NRI for web development TDS is laible u/s 195.
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 December 2010
not professional charges it is advertsement expenses payment.
Clarify
Clarify
16 December 2010
In the case of any payment other than Technical consultancy services, in your case, Advertisement charges the taxability of income in the hands of NRI is to be considered u/s 9. If the same is taxable and there is no DTAA between the two countries, TDS u/s 195 is applicable. If there is DTAA, taxability is as per the DTAA.
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