TDS deduction of Austria Company Payment
This query is : Resolved
21 March 2011
Dear Experts,
We have to pay 1,08,000 Euro to a Austria Company for providing us Professional/Technical Services.
At what percentage we have to deduct TDS % on whole payment.
Also tell me if a Subsidiary company of concerned Austria Company exist in India then at what percentage TDS will be deducted.
Dalton
Please Help !
We have to pay 1,08,000 Euro to a Austria Company for providing us Professional/Technical Services.
At what percentage we have to deduct TDS % on whole payment.
Also tell me if a Subsidiary company of concerned Austria Company exist in India then at what percentage TDS will be deducted.
Dalton
Please Help !
22 March 2011
If the Austrian Company is having PAN(Permanent Account Number) in India, then TDS should be 10% else you need to deduct 20% on whole payment.
Here i assume that you need to pay 108000 euro as a professional fee as a part of contact with Austrian Company only.
If the Austrian Company is having PAN(Permanent Account Number) in India, then TDS should be 10% else you need to deduct 20% on whole payment.
Here i assume that you need to pay 108000 euro as a professional fee as a part of contact with Austrian Company only.
02 April 2011
Hello Sir,
I have some more doubts with this query, one of our CA told that we are required to deduct 41.2 % tax if concerned Austrian company having office in India.
As per my Knowledge Austria having DTAA agreement with india Govt.
Please confirm me I am waiting for your reply.
Dinesh
I have some more doubts with this query, one of our CA told that we are required to deduct 41.2 % tax if concerned Austrian company having office in India.
As per my Knowledge Austria having DTAA agreement with india Govt.
Please confirm me I am waiting for your reply.
Dinesh
10 July 2023
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