Exemption limit for TDS under section 195 ?

Any person responsible for paying to a non resident,

not being company, or to a foreign company, any interest or ANY OTHER SUM chargeable under the provisions of this act. not being salary shall,

at the time of credit of such income to the account of payee or at the time of payment thereof in cash or by the issue of a cheque or draft or by any other mode, whichever is earlier, deduct income tax at the rates in force.

Therefore, no limit for the same. TDS is to be deducted on whole amount.

There is no exemption in sec195. The section states ANY SUM  paid to a non resident. So there is no question of exemption.

under the VAT Act , our unit is getting a refund of sales tax collected and paid to the exchequer in the next month itself. How should this refund accounted for in our books? This refund is being received as per the scheme of the Up govt whereby it gives a tax benefit for setting up units in undeveloped regions.

Hi

I have quiery  We have to apply for Tin VAT etc abroad for which the consultant raised a bill whether it attract TDS u/s 195 pls clarify.

Dear Mr. Sumeet,
There is no exemption limit for Section 195 for deduction of TDS .
Regards,
Prabeer Sarkar

can any body help me? what is the due date of TDS for U/s 195 payments

what does section 195 covers about