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RENEWS I S S U E 6 9 : J U LY 2 0 1 7ALSO IN THIS ISSUE AU S T R A L A S I A N AU C T I O N E E R I N G CHAMPIONSHIPS THE KIWIS A R E O N T H E I R WAY 2 0 1 7 2 0 1 8 C H A N G ES TO P RO P E RT
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What is i s s u?
ISSU stands for Information Return for TDS under Section 195 of the Income Tax Act.
Who is required to file i s s u?
Any person responsible for making payment to a non-resident or a foreign company is required to file ISSU.
How to fill out i s s u?
ISSU can be filled out online on the Income Tax Department's e-filing portal.
What is the purpose of i s s u?
The purpose of ISSU is to report the details of tax deducted at source on payments made to non-residents or foreign companies.
What information must be reported on i s s u?
Details such as the recipient's name, address, PAN, TDS amount deducted, nature of payment, etc. must be reported on ISSU.
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