15 cb

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 October 2015 Sir/madam

I Want to Make 15 CB
Subject : Payment Towards Annual Membership Fee Thinkstep Limited London
TDS Should be deducted on Membership Fees or Not?
Which Section of DTAA is Applicable?
or Which Section of Income Tax is applicable?

Rajesh Kumar

Rajesh Kumar (Expert)
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20 October 2015 TDS is not applicable as income is not accruing in India. Yes, you need to follow 15CA/CB procedure for remittance.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

21 October 2015 Sir,
But Income is arise in India na
Then What To do?
and there is diff betn arise and accure

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Querist : Anonymous

Querist : Anonymous (Querist)

21 October 2015 Sir,
But Income is arise in India na
Then What To do?
and there is diff betn arise and accure

Rajesh Kumar

Rajesh Kumar (Expert)
Follow

21 October 2015 Business profits of an enterprise is taxed only in the state where business is being carried upon. Here is an organization which is based in UK, you are taling its membership and availing benefits in UK. In such case the profit is taxable in UK only. It is clear from the Article VII of the Indo-UK DTAA.