09 May 2012
XYZ IS FOREIGN COMPANY REGISTERED OUTSIDE INDIA .IT GIVES SERVICE TO ABS COMPANY (INDIAN COMPANY), THERE WAS A BILL OF RS. 100000/- SO WHETHER PAYMENT IS MADE AFTER DEDUCTING TDS OR NOT???
10 May 2012
XYZ IS FOREIGN COMPANY REGISTERED OUTSIDE INDIA . IT GIVES SERVICE OF ADVERTISEMENT IN FOREIGN COMPANY TO INDIA COMPANY. IT GIVES A BILL OF RS. 100012/- TO INDIAN COMPANY. SO INDIAN COMPANY HAVE TO MAKE PAYMENT AFTER DEDUCTING TDS OR NOT??
10 May 2012
I think there is error in writing country instead of company in 2nd line. Advt services are provided in foreign country. pl clarify. whether foreign co has PE in India?Also let me know the name of country of beneficiary and where the services are provided as DTAA has a role to play here. It is taxable under Indian income tax act though. Hence there are many things which needs to be looked into. Advisable to take proper professional help...
CAclubindia
