24 January 2011
Is TDS/Withholding Tax will be applicable on services rendered by the Advocate in other countries and payment made in foreign currency to the credit of his foreign bank account?
24 January 2011
No it does not fall under the categories royalty / FTS / Interest so will not be liable to TDS.
However you will have to file forms 15CA and CB
Querist :
Anonymous
Querist :
Anonymous
(Querist)
25 January 2011
Thanks for your inputs. Does it mean that except royalty/FTS/Interest all other services rendered like advertisement, sales commission for the services rendered outside india etc.,by a foreign company/foreigner will be exempted from withholding tax?