Hello Guys,
whether processing charges paid to foreigner for incorporation & supervision of Bank Account require TDS??
please give me feedback as soon as possible.
Thank You.
Nirav Shah (CA) (108 Points)
27 February 2013Hello Guys,
whether processing charges paid to foreigner for incorporation & supervision of Bank Account require TDS??
please give me feedback as soon as possible.
Thank You.
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 27 February 2013
I think it comes u/s 195, pl inform the same in details
Nirav Shah
(CA)
(108 Points)
Replied 27 February 2013
one of my client want to make payment to foriegn party for opening & maintaning - new Bank account & for new establishment mainanace.
so wether 195 will apply or not??