If TDS will be deducted on charges paid to a foreign concern for arranging buyer's credit for the purchase of imported machinery. Pls Advise..
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 25 June 2010
Please provide more details on the term arranging buyers credit.
Sunali
(Learner)
(1317 Points)
Replied 26 June 2010
buyer's credit i.e. the foreign concern is arranging LC for the Indian one.