Dear All
In case any Foreign remittance is paid thro the Credit Card of Employee. How can the Company comply with 15CB/ TDS provisions?
Please guide
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Sumeet Bhardwaj (Sr. Accountant) (861 Points)
12 August 2010
Dear All
In case any Foreign remittance is paid thro the Credit Card of Employee. How can the Company comply with 15CB/ TDS provisions?
Please guide
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ajithasai
(m.ajitha)
(95 Points)
Replied 13 August 2010
hi
I would like to know, if we are making payment to foreign company through credit card, then Is it our liability to deduct Tds on such payment under section 195.
regards,
phe9oxis,