please suggest me what is the tds rate for payment to foreign company (payment made in india) on contract.
pratik Thakur (IPCC Student) (37 Points)
10 December 2009please suggest me what is the tds rate for payment to foreign company (payment made in india) on contract.
MAHENDRA KUMAR BAGRECHA
(FCA)
(1402 Points)
Replied 17 December 2009
Dear Pratik,
I sugguest you to please refer section 4,5,9,90,237 of income tax act 1961 and DTAA with foreign country to get the answer. I cannot tell you without receiving detailed fact of the transaction.