RAJESH ACCOUNTANT, Income Tax

[rajesh subramanian]

respected sir,

We are 100% EOU, developing a new product with a consultancy ( from Germany), the consideration was paid by our parent company in germany.

now, our parent company re-blling the above consultancy charges, buy making debit note on us.

if we are paying the debit note, whether we have to deduct TDS ? at what rate ?

regards

rajesh.s