Income tax return

This query is : Resolved

K Kasiraman (Querist)
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09 November 2015 Dear sir,

we are paying Royalty to our MD, he is having pan card and he is saudi arabian national.

my query is;

we are paying from company to individual by deducting 10 % TDS ( Since he has Pan No).

in this my query is whether we need to file the income tax return against his pan no or not.

if compulsarily file tbe return what is the procedure?

please clarify.

ANKIT AGARWAL

ANKIT AGARWAL (Expert)
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10 November 2015 If withholding taxes is as per inocme tax act, you are just required to file statement in Form 27Q. Income Tax return for the receipt is not your liability