Payment made outside india for central services - Income Tax Experts - Chartered Accountants India,Taxpayers, CAs India, CA india ,ICAI, Company Secretary ,CS, Cost Accountants, MBA, Finance Professionals

4 Lac Members

Home > Experts > Income Tax > Payment made outside india for central services

Payment made outside india for central services (Income Tax)
This query is : resolved
Manoj Kumar Karna ( Author ) 18 March 2010	My clients a MNC Pvt.Ltd company contrlled by Co situated in France. It is being charged Central service charges(Common management expneses incurred)on yearly basis. As per DTAA and U/s 195 rate is 10%. My querry is that what is rate applicable on it.whether surcharge @ 2.5% on tds amount or not? it is very urgent.


CA. B.SRINIVASULU ( Expert ) 19 March 2010	If the value is going to exceed Rs.1 Crore then only surcharge is applicable. If applicabe the rate is 2.5% on tds amount. You have to collect education cess of 3% also.



Previous Next
You need to be the querist or approved CAclub expert to take part in this query . Click here to login ( ) now

Similar Resolved Queries :

Quick Links

Subscribe to Feeds

Subscribe to Experts Feed