DEMURRAGE - TDS
This query is : Open
24 March 2021
I am an Indian Resident, carrying on business in my Individual status. During the course of business EGYPT country ship owner charged me DEMURRAGE CHARGES towards non shipment of materials.
Is the payment liable for TDS. Whether I have to deduct Tax in India. If so at what rate?
Is the payment liable for TDS. Whether I have to deduct Tax in India. If so at what rate?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
CAclubindia
