TDS
This query is : Resolved
08 April 2010
Whether Foreign company is required to get PAN in case if it has no permanent establishment in India?if it has no pan what will be rate of TDS?
08 April 2010
TDS on Payment made to foreign Company is deductible u/s 195 where the rate of TDS specified is 10%+ Cess.
08 April 2010
NO. THEY ARE NOT REQUIRED TO OBTAIN PAN IF THEY DONT HAVE PERMANENT ESTABLISHMENT IN INDIA. IF IT HAS NO PAN RATE OF TDS WILL BE 30.9%. IF THEY HAVE PERMANENT ESTABLISHMENT AND THEY HAVE OBTAINED PAN TDS WILL BE APPLICABLE DEPENDING ON THE NATURE OF PAYMENT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
