prasad (CA Final Bcom(Taxation) Sr Audit Team Leader ) (71 Points)
08 June 2012hi
Please suggest me whether tds has to be deducted on film production expenses to be incurred abroad.Also suggest me type of expenses which are exempted from tds in this issue
shankar
(CA, CS Final)
(243 Points)
Replied 08 June 2012
Dear Prasad,
Reimbursment of actual expenses is not subject to TDS. however, if the profit elements embeded with the such expenses then Section 195 (in case of NR assessee) would be apply.
Payment made to artists is subject to TDS u/s 194J.
CAclubindia
