Dear all,
We have to make payment to foreign company for monthly hosting charges as per the usage as well we have to pay them for small website based on their product.
We have been asked by our CA that we need to pay TDS for payments to non resident companies under Section 195 of the Income-tax Act. Even though they do not have existence in India.
Other company is not moving further until they receive full payment.
I would appreciate if you all expertise can guide us on this as this asap.
Thanks in advance...
Milesh
We have to make payment to foreign company for monthly hosting charges as per the usage as well we have to pay them for small website based on their product.
We have been asked by our CA that we need to pay TDS for payments to non resident companies under Section 195 of the Income-tax Act. Even though they do not have existence in India.
Other company is not moving further until they receive full payment.
I would appreciate if you all expertise can guide us on this as this asap.
Thanks in advance...
Milesh