TDS U/s 195 issue, Income Tax

[santosh sabat]

One of my client(AOP- Trust) is issuing payment to a a foreign company for training programme in india.  The payment is to be made to that foreign company of ireland. 

 is it subject to TDS?  If so what is the rate of TDS?

 santosh k sabat

Posts / Replies

[satish yadav]

Dear Santosh ji,

In my opinion this payment is subject to TDS.The rate shouild be applicable at the rate at which foreign companies are taxable in India including surcharge and education cess and secondary and higher education cess.

Satish Chandra Yadav

Chartered Accountant