Login  |  Register  |  Forgot Password 
Discussion < Income Tax < Income Tax Assessment of NGO for consultancy payment abroad
Post Topic
students zone,CA Students
ASHISH CONTRACTOR


[ Scorecard :80 ]

Sir,

We as NGO wants to make the payment to consultant outside india.

Is it possible? (Yes/No)

If yes, what are the procedure to be followed and rate of TDS , form 15CA/15CB etc to be submitted?

What else formality required under I.TAX druing Yearly I.T. Retrun filing.

Ashish Contractor








Chirag


[ Scorecard :54 ]

Hi Ashish.

There are three aspects to the type of payment being mentioned by you - 1) RBI(FEMA) 2) Income Tax, 3) GST.

Specifically answering the query on Income Tax, you would have to provide details as to what kind of payments are being made. It is upon the type of payments, the tax liability is determined, based on which the obligation to deduct tax would arise.

 

If the payments are taxable, Tax would have to be deducted at source. There is no specific exemption provided under section 195 of the Income Tax Act for NGOs.

Kindly provide the nature of payments.

Further, please be sure on the other two aspects as well viz. FEMA and GST. Requesting you to kindly provide complete facts. The aspect of GST is also very important because in case of import of services(as can be sensed in your case) GST registration would become mandatory for your NGO (considering the applicability of RCM).

For further help, please feel free to reach out at: w.chiragwadhwa@gmail.com/+91-9167389639.

 

Regards,

CA Chirag Wadhwa

 

Reply to this Discussion

You need to be logged in to post comment
 
 
www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  GST Calculator

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.