TDS u/s 195
This query is : Resolved
29 April 2009
A Private Company which is a 100% subsidary of Sigapore based company (parent company).There was a LC(letter of Credit) opened by the parent company for the forex remitance by the indian company,
The Commission paid by the parent company for opening the LC, is collected from the Indian Company by rising a Debit note.Does the payment to Parent company attract TDS u/s 195 or other sections?
2.Is TDS u/s 195 is payable only when the payment is made?
The Commission paid by the parent company for opening the LC, is collected from the Indian Company by rising a Debit note.Does the payment to Parent company attract TDS u/s 195 or other sections?
2.Is TDS u/s 195 is payable only when the payment is made?
30 April 2009
There is no TDS on reimbursemet, hence no TDS is applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
