22 August 2011
Respected Sir/madam I have a client who has to pay license fees to company in UK what shall be rate of TDS and compliance procedure of DTAA .The foreign party has no PAN
22 August 2011
License Fees should normally qualify as Royalty and hence TDS rate should be 10.51% but since the foreign party doesn't have PAN the TDS should be deducted @20%.
CAclubindia
