Devendra V Joshi (Chief Accounts Officer) (29 Points)
20 November 2009Dear All
If payment is made to Foreign Party in Foreign exchange for machinery purchase which includes Erection and Commissioning Charges also in foreing exchange only ( Payment thru LC) .Whether TDS is applicable on erection and commissioning ?
devendra joshi (M) 09978940905
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 20 November 2009
Income deemed to accrue or arise in India deduct TDS U/S 195 for erection and commissioning and service tax also to be paid for this transaction
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
