21 September 2007
We have taken a machine from our parent company which is in malaysia on hire, and paying hire charges evry month, what rate is applicable for TDS Deduction, whether its applicable for DTAA rates, Pls.. Urgent...
23 September 2007
DTAA will not attract all payments. If u go thro' DTAA rule u may easily understand. As for as ur case is concerned TDS u/s 195 will attract.Hire charges will not come under DTAA net.
23 September 2007
Thank u Ravikumar, i hav seen in RSM website that as per DTAA 10% is the TDS rate fo hire charges on plant and equipments, is it correct?