Asked by: Ronald Cordaro
Is TDS applicable on foreign company?
Any person responsible for paying to a non-resident, not being a company, or to a foreign company, shall deduct income-tax thereon at the rates in force. 3) When to Deduct TDS undber Section 195?
Section 195 TDS on Non-Resident Payments.
Sl. No. | Nature of Payment |
---|---|
24 | Maintenance of Indian embassies abroad |
25 | Remittances by foreign embassies in India |