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Querist : Anonymous

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Querist : Anonymous (Querist)
10 November 2010 our comapny wants to make payment against service invoice (technical service)of a german comany (non-resident ).Please let me know the rate of TDS to be deducted.
As per my understanding, DTA rate for Germny is 10% but since receipient does not have PAN we have to dedutct at higher rate of 20% (sec 206AA)

Please correct me if i am wrong

Thanks in advance

10 November 2010 Yes. You are correct you will have to deduct TDS @ higher rate of 20%.


10 November 2010 You have answered your query yourself




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