Direct tax - tds on foreign remittance
Querist :
Anonymous
(Querist) 09 August 2011
This query is : Open
Here is one client purchasing/downloading Data software online from foreign company,foreign company do not have any permanent establishment in India. now the purchase Indian enterprise is remitting money. is there any need to deduct TDS at 20%. or if the remittance for purchase of other material what is the treatment. need an opinion of the expert. thanks in advance.