TDS Applicability on Foreign subscription

[Vamsi Krishna]

Hi

We are sponsoring for an event that will take place at Dubai. The amount to be paid in USD/AED into foreign account.

Our company name/logo will be displayed at the event depending on the amount of contribution.

I would like to know the TDS applicabilty for the transaction.

Can any expert pls revert..

Thanks ..

AI Summary

Company Sponsoring Dubai Event: Expert Suggests TDS Likely Not Applicable for Foreign Account Payment, Seeks Further Opinions A company is sponsoring an event in Dubai, with payment to be made in USD/AED to a foreign account. The company seeks advice on the applicability of Tax Deducted at Source (TDS) for this transaction. An expert responds, suggesting that TDS is likely not applicable but invites further opinions from other experts.