Witholding tax on payment of training & implementation cost of new tooling to plant

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..... Witholding tax on payment of training & implementation cost of new tooling to plant
Query (Issue) Started By: - Govinda Raju Dated:- 13-12-2010 Last Reply Date:- 31-5-2011 Income Tax
Got 1 Rep .....

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Income Tax
We have recently received an help from the supplier of new tooling from a overseas company training and implementation help. Is there any witholding tax attraced for such payment? .....

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..... please help Govindraj Finance director Reply By Surender Gupta: The Reply: Mere sale and purchase activity is not subject to any withholding tax (TDS). However, amount paid as Commission to overseas .....

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..... agent may result into TDS if treates as accrued and arise in India.
Discussion Forum - Knowledge Sharing .....

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