HAMID TARAFDER (MANAGER-FINANCE & ACCOUNTS) (51 Points)
14 February 2013Hi i am working with an academy . We are paying foreign faculty for their online class. I am deducting tds @ 20% as they have no pan . I have paid tds but not shown in quarterly return . Plz let me know is it necessary to show this .if yes then how ? Plz reply .
I
CA Neil Ganatra
(Partner - Gautam Joshi & Co.)
(871 Points)
Replied 15 February 2013
you have to show that amount in the tds reutrn. There is separate return for tds made from payment to non residents.
CAclubindia
