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Tds on foreign payment

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21 July 2014 we r going to make a foreign payment for professional services....in this case for making payment of tds which conversion rate should apply? on the date of payment to foreign party OR on the date of payment of tds??
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CA Parul Saxena

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CA Parul Saxena (Expert)
21 July 2014 date of payment to foreign party.

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