30 September 2008
Further, Refer C.No 786/07.02.2000 Commission paid to a non-resident agent for rendering services outside India, such income does not accrue or arise in India u/s 5 and such payments are not taxable in India and no tax is to be deducted u/s195.
30 September 2008
TDS Rate u/s 195 :(sec 2(37A)) a) Finance act of the relevant year or b) DTAA entered by central Govt u/s 90 or c) Agreement notified by the CG u/s 90A
whichever is most beneficial to the assessee shall apply.
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