Dear All,
What is the liability of T.D.S. for domestic registered private limited company in case where the company has to make a provision for payment of royalty to foreign company registered outside India ?
Awaiting for prompt response.
Thanks.
S. M. Desai (CONSULTANT) (84 Points)
18 May 2009Dear All,
What is the liability of T.D.S. for domestic registered private limited company in case where the company has to make a provision for payment of royalty to foreign company registered outside India ?
Awaiting for prompt response.
Thanks.
Ravi kumar...A Big Fan of Admi
(Article Assistant)
(622 Points)
Replied 18 May 2009
TDS would be at the rate at which the foreign company is taxable.