01 May 2013
ONE OF OUR COMPANY REMIITED TO USA COMPANY BY DEDUCTING TDS 20.6% AND WE FILLED FORM NO 15CA NOW OUTSIDE COMPANY SAID THE RATE IS 20% NOT 20.6% HOW WE CAN ADJUST THE PAYMENT -IN FUTURE REMMITANCE -CAN WE GET BACK EXCESS CESS -CAN 20.6 RATE IS OK
06 May 2013
If you have used the DTAA rate then 20.6% is wrong. you can file a revised return and use the additional 0.6% against some other TDS liability on foreign remittances. However, if the foreign company does not have a PAN, then you have deducted at the correct rate of 20.6% u/s 206AA
13 June 2013
You are deducting the TDS for the services rendered in India and the rate + ED SC which is applicable for TDS also. So, you have correctly charged the TDS. If the foreign service provider is saying that you have wrongly deducted .06% extra then intimate him that EC is applicable and any rebate as per DTA can b e claimed by him his country.
CAclubindia
