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Tds u/s 195

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2013 Dear Sir,

A Ltd Exporting Capital goods. Company is appointing Foreign Party for giving services to Purchaser as a Post Sales services for running of capital goods ( Plant ) smoothly.

Now foreign Party is raising bill for said services to A Ltd in India and A Ltd has to make Payment to foreign Party.

Query :- Whether A Ltd is liable to deducted Tax at source before making Payment. If Yes than How much % .

but we Can take benefit of Sec 9 VI

25 May 2013 Yes, as per Income Tax Act rate is 25.75%


Anuj
femaquery@gmail.com



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