Tds return filing - Payment to foreign company, Income Tax

[JAYUL DANECHA]

Company A ltd. is Indian co. and has imported machinery from foreign supplier. Supplier has also raised bill for erection of machinery separately. payment for the same was made after deducting TDS as per DTAA with the country of supplier after following procedure u/s 195 and filling form no. 15CA and 15CB. Now, Indian co. is required to file TDS return for the same? If yes, in what form and what about the PAN of that foreign Co.

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[Rama Krishana]

In every case where TDS has been deducted and deposited, a return is required to be submitted. Rule 31A of the Income Tax Rules, 1962 prescribes the forms and declaration to be filed for TDS. It is Form 24C and 27Q