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TDS applicability

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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.
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CA.Hanumantha Reddy

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

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CA.Hanumantha Reddy (Expert)
04 February 2011 Further, it does not fall under section 9 and Indo-US treaty.
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