Tds for payment to non resident


26 April 2018 One of my client is going to pay some amount to foreign company for fees and technical services.The foreign resident did not provide his tax residency certificate.So DTAA not applicable.The Foreign Company not having Pan Number.At what percentage my client have to deduct tds before payment.

26 April 2018 tds will be deducted at the rate of 20%

26 April 2018 Seems 20% will be OK by virtue of 206AA(7).


27 April 2018 Sir as per section 195 what rate will attract for this payment

27 April 2018 SECTION 206AA OVERRIDES SECTION SEC195 IN CASE OF ABSENSE OF PAN



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries