TDS on Foreign Remittance

This query is : Resolved 

19 March 2011 Hi,
Indian Company x and Foreign company Y enter into contract for viewing the Reserach works of Y online. This engagement is for one year and foreign remittance is to be done.
Is Income deemed to accrue or arise in India and whether TDS should be deducted.

19 March 2011 Yes it is Income deemed to accrue or arise in India, and TDS should be deducted.



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