DTAA BETWEEN INDIA AND UK

This query is : Resolved 

22 February 2011 We are getting bill from UK for consultancy services, TDS rate u/s 195 are-
10.3% if PAN is provided
20.6% if PAN is not provided

May I know what is the TDS rate as per DTAA.

23 February 2011 15% if PAN is there(As per treaty)

Also the TDS rate is 10.5575% if the payments are excess of 1 crore(as per Income Tax Act,1961)

You can choose the Indian Income Tax Rate as it is more beneficial for the foreign company.

Anuj
0-9810106211



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