We are purchasing goods from Italy.
Is there any liability to deduct tds u/s 195 on payment made against purchase made from foreign ?
If yes, then at what rate ?
1 Replies
CA N B S PRASAD
(Audit Officer)
(35 Points)
Replied 11 June 2012
No TDS has to be deducted for import of materials.
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
