TDS Deduction Sec & Rate

This query is : Resolved

Viraj Sanghvi (Querist)
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25 September 2019 Hi, We are purchasing Domain from godaddy also renewal of domain. whether we are require to deduct tds? than under which sec & tds rate. Also we are require to file 15 CA form ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 September 2019 Deduct 10% TDS u/s 195 under Royalty head. 15 CA form required.

Viraj Sanghvi

Viraj Sanghvi (Querist)
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25 September 2019 Thank you sir.
Godaddy refunding 10.82% as tds amount? Pls let me know how 10.82% arrive?

Also we are making payment online, so we are just required to submit Form 15CA online and not required to submit to bank right?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 September 2019 0.82 may be surcharge. File online and submit copy to your banker through whom online payment is made.

Viraj Sanghvi

Viraj Sanghvi (Querist)
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26 September 2019 Compulsory to submit to banker for online payment?
How surcharge is counted? not able to get exact 10.82% rate

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 September 2019 Yes it's compulsory. I am also not able to get it only 4% surcharge applicable.