Income tax

TDS 252 views 1 replies

Deepak Baghel

Accountant

74 Points Joined May 2009

hi what is the status of TDS when we made payment outside the India in electronic moade like credit card etc ( Gatway of payment ) for business purpose for example we take software services from outside of india???

Which section i need to refer???

Replies (1)

Raphael

Chartered Accountant

214 Points Joined January 2009

Dear Friend,

Please refer section 195. Mostly these payment will not be covered under the TDS provisions as the payments made to persons resident outside india will not be liable to tax in india. But this should be checked on a case to case basis.