Foreign Payment Made by Director through Credit Card for Professional Services

[vikas anand]

Dear All,

Please advise, if foreign payment (UK) made through Corporate credit card by the Director for professional service rendered will attract section 195.

Regards

Vikas Anand

[Mahir S]

If payment is made to non resident other than a company, then section 195 shall be attracted.

AI Summary

Withholding under section 195 applies when professional services payments are made to a non-resident person other than a company. Payments for professional services made to a non-resident person other than a company attract section 195 withholding obligations, including where paid via a corporate credit mechanism.