Tds on foreign remittance, Income Tax

[D.V.GUPTA]

ONE OF MY CLIENT WANTS TO REMIT AMOUNT FROM INDIA TO SINGAPUR TO A PVT LTD C0.THE NATURE OF PAYAMENT IS FREIGHT PAYMENT FOR AIRSHIPMENT. LET ME KNOW PLEASE WHETHER MY CLIENT IS LIABLE TO DEDUCT TAX AT SOURCE AS PE SEC. 195.

Posts / Replies

[Surender Gupta]

I think, you have to refer to DTAA and other provisions along with the terms of contract to decided the issue. Merely a plain reading is not sufficient to solve the query.