Tag: TDS
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Understanding TDS on foreign payments section 195 of income tax act: is tds on nonresident payments applicable?
Table of Contents Introduction: Applicable provisions for Tax implication: Sec 195 of income tax act Scope of Total Income: Sec 5 (2) of Income Tax Act Income deemed to accrue or arise in India: Sec 9 (1) of Income Tax Act Tax Implication on Various type of expenses: Reimbursement of Expenses to Non-Resident Professional and…