X pvt ltd ,clearing & forwarding agent paid freight charges to foregin (HONGKONG) company which doesnt have any agent or doesnt have any place in india.
whether i have to deduct the tds under section 195.
As hongkong company doesnt have any business connection in india whether we have to deduct Tds under section 195.
In bill they charged as ocean freight
Please help me out in this issue
TDS on payments to nonresident freight providers: whether withholding applies when the supplier lacks Indian presence. Whether tax must be deducted at source on payments for ocean freight to a foreign shipping company is questioned where the payee has no agent, place of business, or business connection in India, and the payer seeks clarification on withholding obligations for such remittances. (AI Summary)