"Success Fee" to Non-Resident Company is Consultancy Service; TDS Applies u/s 194J of Income Tax Act.

"Success Fee" to Non-Resident Company is Consultancy Service; TDS Applies u/s 194J of Income Tax Act. https://www.taxtmi.com/highlights?id=21871 TDS u/s 194J - Nature of an amount term as “success fee” paid to Non Resident Company (NRC) at the rate of 0.75% of the total debt financing - it is a ‘consultancy service’ - TDS liable to be deducted - SC en-us Fri, 20 Feb 2015 15:46:24 +0530 Fri, 20 Feb 2015 15:46:24 +0530 TaxTMI RSS Generator "Success Fee" to Non-Resident Company is Consultancy Service; TDS Applies u/s 194J of Income Tax Act. https://www.taxtmi.com/highlights?id=21871 TDS u/s 194J - Nature of an amount term as “success fee” paid to Non Resident Company (NRC) at the rate of 0.75% of the total debt financing - it is a ‘consultancy service’ - TDS liable to be deducted - SC Highlights Income Tax Fri, 20 Feb 2015 15:46:24 +0530 https://www.taxtmi.com/highlights?id=21871