TDS ON PAYMENTS TO NON-RESIDENTS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TDS ON PAYMENTS TO NON-RESIDENTS
Query (Issue) Started By: - S.C. WADHWA Dated:- 20-7-2012 Last Reply Date:- 23-7-2012 Income Tax
Got 2 Replies
Income Tax
A Pvt. Ltd. Co. in India has to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... make payment to Foreign Co. Such Foreign co. are consultants to breakfast cereal Ind. They are providing us consulting services. Payment is to be made in GB Pounds. Whether such payment is subjec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t to tds and If yes, at what rate and what provisions to be complied with. One bill is furnished inclusive of amount charged towards services rendered and reimbursement of expenses. Reply By rishi m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ohan: The Reply: In the above case both tds and service tax shall be applicable. Tds shall be deducted at the particular rate and service tax shall be paid on reverse charge basis. Reply By Jungjeet .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Ahluwalia: The Reply: OK the above bill is chargable to TDS. Further can any one clarify, if we have two seperate bills for professional fees & reim of Exp what will be the tax status
Discussion .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X