31 May 2008
whether TDS is applicable in respect of remittances in foreign currency made by an Indian company to a foreign national(who has no office or any business connection in india) for services rendered outside india.
1) remittance 4 wat purpose i.e nature of transaction!
2) remittance to which country, as india tax treaties with different countries ans deduction of tax is govern by that treaty with that country as DTA agreements override the provision of Income Tax Act.
without above information it is difficult to comment.
CAclubindia
