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TDS on commission to a foreign company

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..... Dear Expert, We have an contract with a foreign company for getting orders with some companies in India. we have to pay the differnce amount of PO value and actual cost (as agreed by both of u .....

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..... s) to the foreign company. kindly clarify whether TDS attract in this case and if yes, what is the percentage. Also the service tax implication in the transaction Thanks - Reply By Vivek Harsh .....

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..... - The Reply = Sec 195 [(1) Any person responsible for paying to a non-resident, not being a company, or to a foreign company, any interest 2 [***] or any other sum chargeable under the p .....

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..... rovisions of this Act (not being income chargeable under the head "Salaries" 3 [***]) shall, at the time of credit of such income to the account of the payee or at the time of payment thereof in ca .....

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..... sh or by the issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at the rates in force : - TDS on commission to a foreign company - Query Started By: - S .....

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..... hiva S Dated:- 25-2-2012 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagemen .....

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..... tindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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