Regarding TDS on Freight forwarding?

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  • Regarding TDS on Freight forwarding?


Answer #1 | 16/12 2013 10:58
You need a professional advise with 100% accuracy answer. I advise you to contact any CA (Tax consultant) and take his advise. However you need a CA (Tax consultant) for your company.
Answer #2 | 17/12 2013 03:05
Section 172 of the Income Tax Act deals with shipping business of non-residents. If the shipping agents filing income tax returns under section 172, Section 194C & 195 of the Income tax act does not apply to them, so TDS is not applicable. Section 172 applies to agents of non-resident ship owner, so TDS on payments is not applicable

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