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TDS on payment to Non-Resident for purchase of goods

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12 February 2021 If a non-resident wishes to run a business in India & for that he appoints an agent to look after day to day activities. Whether TDS will be applicable on payment towards purchase of goods from such agent of Non-resident?

12 February 2021 Yes, TCS applicable on such payment from agent of non resident.

13 February 2021 The resident person purchasing goods from a business concern in India owned by a Non resident and manged by an Indian agent has to deduct income tax on the payment made to the agent
Inference :- Explanation 2 of section 195(1).




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