26 November 2008
There is a remittance of 1,00,000 Euros for which payment is to be made in two installment. How should TDS be deducted and paid i.e. on the whole amount of Remittance i.e. Euro 1,00,000 together or TDS can also be deducted and paid twice on the amount of installment respectively.
26 November 2008
Please confirm whether the other part have entered any Double taxation avoidance agreement in that country.TDS shall be deductible on the whole of the amount of payment .
26 November 2008
If paid by instalment and such payment accrues at the time of first instalment, better to TDS whole amount and remit TDS, if such instalment accrues later then only on the half or first inatlament TDS has to made.