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TDS on NRI professional fees

This query is : Resolved 

22 December 2009 Is it correct to take monthly average exchange rate while deducting tds on NRI Professional fees,where invoices are raised on different dates of a month.

Ex: Invoices are raised on 1st, 3rd, 7th of december whether we have to take exchange rates of 1st 3rd and 7th seperatly ?

23 December 2009 You can get exchange rates from http://www.oanda.com/



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