Whether TDS shouldbe deducted by SEZ Companies

This query is : Resolved 

16 July 2009 Whether TDS needs to be deducted u/s 195 of the Act when a Company which is in SEZ is making pymt to foreign service providers?

16 July 2009 YES

16 July 2009 please let me know the reason being deducted...


16 July 2009 The reason is that the company is SEZ is an Indian company and has to comply all the rules which apply to a domestic assessee. By virtue of it being situated in a SEZ certain of the tax provisions do not apply to SEZ company which are specifically provided in SEZ Act 2005. Except for those provisions of Income tax as provided in the SEZ Act, all other provisions apply to a SEZ unit



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