PLEASE LET ME KNOW WHETHER TDS IS APPLICABLE ON AIR FREIGHT AS PER THE FOLLOWING TWO CONDITIONS.
1. CONTRACT IS THERE & AIRFREIGHT AGENT IS A DOMESTIC COMPANY
2. CONTRACT IS THERE & AIRFREIGHT AGENT IS A NON-RESIDENT COMPANY
Karunakar (ACCOUNTS OFFICER IN TATA PROJECTS LTD.) (73 Points)
04 January 2014PLEASE LET ME KNOW WHETHER TDS IS APPLICABLE ON AIR FREIGHT AS PER THE FOLLOWING TWO CONDITIONS.
1. CONTRACT IS THERE & AIRFREIGHT AGENT IS A DOMESTIC COMPANY
2. CONTRACT IS THERE & AIRFREIGHT AGENT IS A NON-RESIDENT COMPANY
GAUTAM SHARMA
(Audit Assistant)
(353 Points)
Replied 04 January 2014
No if to resident.however TDS on NRI will be deductec as per prevaling rates