surya (1) (62 Points)
09 February 2013Hi Friends
A INDIAN CO., PAYING LIASIONING CHARGES TO FORIEGN LIASIONING AGENCY(SWEDEN INCORPORATED). SO IN THE ABOVE TRANSACTION WILL THE INDIAN CO., HAS ANY LIABILITY TO DEDUCT TAX OR NOT? IF SO WHAT IS THE PROCEDURE?
Kindly resolve this......... Thanks in advance.....
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 14 March 2013
It shall be better if TDS is deducted ,however complete facts need to be seen.
Anuj
femaquery @ gmail.com
CAclubindia
