23 December 2011
One of my lady client has turnover of 35 lakhs for financial year ending 31-03-2011. And sale from 01-04-2011 to 30-09-2011 24 lakhs.He has made EXPORT sales in October 11 for 10 lakhs. Now he want to pay commission of Rs.four lakhs to some foreigner in South Africa. That foreigner do not have PAN number. Please tell me (1)Is TDS applicable (2)Under what circumstances TDS will be applicable to my client (3) What will be percentage (4)Procedure for PAN for a foreigner. Regards
CAclubindia
