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subscription charges paid to foreign firm, whether TDS is
applicable or not? Because amount is huge
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Answer / amol
Yes . Deductible u/s 195 of Income Tax Act,India ,1961.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / h.r. sreepada bhagi
Refer Section 195 of the Income Tax Act, 1961 (India). Bank
may require Chartered Accountants Certificate for remittance
& hence take from your Statutory Auditor or any Chartered
Accountant familiar with it.
| Is This Answer Correct ? | 2 Yes | 6 No |
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