TDS applicability

This query is : Resolved 

04 February 2011 A company has got a invite to exhibit their products in a stall at a exhibiton conducted in U.S.A. While remitting foreign payment for the above transaction, should we need to deduct TDS on the payment? Kindly clarify.

04 February 2011 No TDS as it does not an income under section 5(2) of IT Act, 1961

04 February 2011 Further, it does not fall under section 9 and Indo-US treaty.




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