Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

TDS on demurrage paid to Supplier of Goods

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear All, We have imported coal from a foreign supplier. The discharging of cargo took more time than originally agreed and accordingly, we are required to compensate the supplier, ie. we need to pay .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... demurrage. The query is, whether the payment of demurrage would attract TDS. Would be grateful, if some judgment can be quoted. Thank You. Warm regards, Shyam - Reply By malay pota - The Reply = .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Mr. Shyam Naik Import Demurrage is subject to TDS. Malay Pota - Reply By malay pota - The Reply = Dear Shyam Please do not consider my above reply as i have written through oversight .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .i am giving you fresh reply very soon.Sorry for the inconvenience . Thanks Malay - Reply By malay pota - The Reply = Dear Mr. Shyam Naik, As per my view there is no provision in the Income Tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of India for charging TDS on any payment to wards Import including DEMURRAGE. - Reply By YAGAY AND SUN - The Reply = http://abcaus.in/income-tax/shipping-charges-not-liable-to-tds-us-1728-cbdt-cir .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cular-723.html - Reply By Shyam Naik - The Reply = Dear Malay, Thank you very much. Shyam - TDS on demurrage paid to Supplier of Goods - Query Started By: - Shyam Naik Dated:- 11-3-2017 Inco .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... me Tax - Got 5 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... om - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates