TDS on foreign Remittances

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santosh dimble (Querist)
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23 October 2016 We (pvt.ltd co.) received invoice of 12000 euro from foreign party against relocation services ( from France to India) which has been used for GM of company. so my queory is TDS is to be deducted?if yes then normal or gross up? pl give calculation.. thanks, Santosh

Anand

Anand (Expert)
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26 October 2016 This is Business Income of the Relocation Service Provider.
You can request them to provide you with a Tax residency Certificate and a declaration stating that they do not have a Permanent Establishment in India and the income so payable to them is not linked to any Permanent Establishment that they may have in India.
In View of these two documents you may avoid TDS