TDS U/s 195
This query is : Resolved
28 December 2010
We are going to take service( Errection and commissioning) from a Foreign company which does not have PAN no. There were no any DTAA agreement between India and his country
Kindly provide us at which rate we will deduct tax.
please also provide rate when we bear the tax burden
Kindly provide us at which rate we will deduct tax.
please also provide rate when we bear the tax burden
28 December 2010
Rate of tax ( 40% of profit margin)
28 December 2010
SIR
SERVICE IS COVERED UNDER FEE FOR TECHNICAL SERVICES
HOW RATE OF 40%
SIR
SERVICE IS COVERED UNDER FEE FOR TECHNICAL SERVICES
HOW RATE OF 40%
31 December 2010
Kindly obtain the certificate from ITO in this case . Don't take the risk of remitting payment on CA certificate as foreign company shall be deemed to have a business connection u/s 9(1)(i).
Also kindly check the stay of foreign people in India for the purpose of erection and commissioning . It may happen that they shall form a permanent base and there tax may be liable to be deducted u/s 44DA.
Also kindly check the stay of foreign people in India for the purpose of erection and commissioning . It may happen that they shall form a permanent base and there tax may be liable to be deducted u/s 44DA.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
