TDS U/s 195


20 November 2009 WE HAVE PURCHASED FURNACE MACHINE FROM UK AND INSTALLED.AFTER SOME TIME THE SAID FURNACE MACHINE DAMAGED BY FIRE.FOR THIS THE ENGINEERS FROM UK CALLED FOR SERVICING THE FURNACE ON PAID UP SERVICES.THE CONCERN HAS NO PERMANENT ESTABLISHMENT IN ANY PART OF INDIA.WHETHER TDS IS APPLICABLE U/S 195 ON PAYMENT ? OR THE SAID CONCERN IS NOT TAXABLE UNDER BUSINESS INCOME UNDER PARA 1 OF ARTICLE 7 OF DTAA OF UK FOR SERVICES OF MACHINE.

21 November 2009 U must deduct TDS u/s 195

23 November 2009 TDS/ Income Tax is applicable for the Income generated within India.

Regards




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