Tds on bill discounting

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Rachit Agarwal (Querist)
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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.

naveen

naveen (Expert)
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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.