05 December 2014
Dear Experts please clarify the following
Non- resident gave a speech in collage for 14 days and for his speech collage paid Honorarium amounting to Rs.42000 (i.e Rs.3000 per day for 14 days) in cash in a single day
Here please clarify whether this payment is disallowed or not provided if non-resident is not having any bank account in India and TDS applicability for the same
05 December 2014
Dear sir please advice how to handle this whether can i pay this 42000 by splitting it into 3 payments in 3 different days by making 3 seperate vouchers
05 December 2014
you can pay by cheque or bank tfr or make payment in 2-3 days and also tds applicable u/s 195 @ 10% if PAN available with the non resident otherwise 20% tds will applicable.
Is there any Slab limit for Deducting TDS on payments made to Non-Resident or TDS is applicable on any payments even for just small amounts like 1000 rupee also
CAclubindia
