10 September 2008
Pl tell me Freight paid for Ocean freigt for Import & Export can tds to be Deducted or not tell me Expert replay with income tax Section
10 September 2008
In most of the cases the ships leaving India will be assessed before departure and therefore No TDS needs to be made. Kindly go to provision of section 174 and the circulars from time to time.
CAclubindia
