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Tds on foreign remittance


23 January 2014 Dear Sir,

A Client of mine has paid USD $1500 to a foreign association who is situated in Philippine. The remittance was made on account of Stall booking charges.Whether TDS should be deducted under section 194C or 194I?
Please suggest the procedure for the same.

23 January 2014 Firstly foreign remittances are liable to TDS u/s 195.

Secondly the nature of remittance as enquired by you is non taxable.

23 January 2014 Before making such remittance the bankers would ask for a CA certificate under prescribed form 15CB




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