Menu
TDS ON NON RESIDENT PAYMENT
OUR IS A SERVICE COMPANY. ONE FOREIGN COMPANY WHICH IS FROM SAME FEILD, GIVE US ONE SERVICE CONTRACT IN INDIA.PLS HELP ME TDS APPLICABILITY ON THIS TRANSACTION.
Replies (4)
Since you will perform work on contract basis so you dont have to deduct TDS of foreign company.
It will deduct TDS from commission or contract charges it will pay to you
We will perform contract. But 15% of bill amount will be charged by foreign company from us. So we will remit them. So now tds?
Dint get you. Could you ellaborate little?
One US Based hospitality service provider company entered agreement with the indian company (us), we also provide hospitality service in india. Agreement is to provide service another indian company by us. We will bill to indian company. We will pay 20% of bill amount to us company for this contract. So now on remittance of this 20%, we should deduct tds. Then how much.
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
