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subscription charges paid to foreign firm, whether TDS is
applicable or not? Because amount is huge

Answers were Sorted based on User's Feedback



subscription charges paid to foreign firm, whether TDS is applicable or not? Because amount is hug..

Answer / amol

Yes . Deductible u/s 195 of Income Tax Act,India ,1961.

Is This Answer Correct ?    8 Yes 0 No

subscription charges paid to foreign firm, whether TDS is applicable or not? Because amount is hug..

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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