Please Help: TDS ON PAYMENT OF TESTING CHARGES TO NRI COMPANY
Posted Date : 24-May-2016 , 05:37:11 pm | Posted By PUNEET BHATIA
One of my clients has to pay testing charges of its product to NRI company. whether it will attract TDS or not.
Category : Income Tax | Answers : 0 | Comments : 2 | Hits : 249
Answers
Comments
ATUL MITTAL
25-May-2016 , 10:31:05 amYes ,as of my point of view its Liable to deduct the TDS on payment of Testing Fees as its Covered under the Technical Fees Clause under Article 12 of DTA Agreement with the foreign Countries and also under income tax Act u/s 115A so its liable to deduct The TDS .
ANIL KUMAR JAIN
25-May-2016 , 04:17:37 pmdepend if NR Company has its PE in India, apart from it, Ser Tax under RC will be attracted.