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Tds on bill discounting

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29 December 2017 Sir Commssion in respect of bill discounting has been paid to a company in hong kong then whether TDS on such payment is applicable. If yes, then under which section and if exempt then also please refer the section.

30 December 2017 commission is liable to TDS, but in your case if party permanent establishment in India then deduct TDS in 15CA & CB form.
if your remittence is not more than five lakh then not required to deduct tds but fulfill the requirement as per Inocme tax.
I forget the section details.



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