TDS of NR
This query is : Resolved
10 March 2010
Assessee(Ind. audited u/s 44AB) wants to make a gift of Rs.1,00,000 to his non resident friend in UK. At what rate TDS has to be deducted?? What does DTAA state in this regard??
10 March 2010
Dear Mukul
As per my knowledge there is no DTA for this. And gift payment is not allowed as expenses deduction from profit hence as per my opinion not requires to deduct the tax.
As per my knowledge there is no DTA for this. And gift payment is not allowed as expenses deduction from profit hence as per my opinion not requires to deduct the tax.
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
