Deduction of tax at source under section 194J--Payments to persons resident in India by foreign companies or foreign law firms that have no presence in India--Clarification--Regarding

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..... ndia--Clarification--Regarding. Circular No. 726 Dated 18/10/1995 Representations have been received from some law and accountancy firms that are receiving fees for professional services from foreign companies or foreign law and accountancy firms saying that the latter find it very difficult to comply with the requirement of tax deduction at source under section 194J of the Income-tax A .....

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..... ion at source under section 194J of the Income-tax Act. 3. However, foreign companies or foreign law and accountancy firms are required to send a quarterly statement, indicating the name and address of the person to whom the payments are made, to the Deputy Secretary, Foreign Tax Division, Central Board of Direct Taxes, Department of Revenue, M/o Finance, New Delhi. The first quarterly statement .....

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