CA Day celebration 2024 Easy Office
LCI Learning

Tds liability on payment made to foreign party

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 June 2014 Dear Sir,

please advise on follow matter:
we have paid sum amount to outside india against technical services for machinery installation without TDS deduct.
WE have not paid TDS.

Plz advise us that TDS liability on this or not.

Thanks
Profile Image

CA Madhvi

Profile Image

CA Madhvi (Expert)
27 June 2014 If its fees for technical services as per section 9 defination than you are required to drduct tds as per rate prescribed under the act or trearty whichever is lower.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
28 June 2014 you have to deduct the TDS u/s 195
@ 10% if the company having indian PAN otherwise TDS rate will be @ 20% of sum paid.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
30 June 2014 yes sec 195 is applicable in this case.

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


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links