TDS on foreign remittance of preliminary expenses

This query is : Resolved 

09 November 2020 Whether TDS on foreign remittance of preliminary expenses is applicable to a remittance made from an Indian Director to a foreign NRI company for the purpose of incorporation expenses only.

09 November 2020 No TDS applicable as the expenses are not taxable in India.

10 November 2020 Whether TDS has to be deducted if remittance was done by an indian company?


10 November 2020 No TDS applicable in such a case.

10 November 2020 Thank you for the valuable reply sir.



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