Dear Sir,
We are doing advance payment to foreign company, what will be TDS rate and section for this transaction. and which document we will provide foreign company against this deduction.
Menu
TDS ON FOREIGN ADVANCE PAYMENT
Replies (1)
If you are making payment for import of goods, no TDS will be applicable. If payment is against services, TDS will be attracted @ 20% if PAN is not provided by foreign company.
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
