TDS on branding fees to a sport event in foreign

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HITESH KHONA (Querist)
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01 October 2008 Hi, all

I require the answer very urgently

I a company makes payment from India as branding fees for an sporting event in America. What is the TDS rate applicable and in which section it is applicable?

Thanks & Regards.
Hitesh Khona

CA V. Mohanakrishnan

CA V. Mohanakrishnan (Expert)
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01 October 2008 the sec applicable is 195.

As far as the rates are concerned it depends on whether the receipient is a non-resident and non-corporate assessee.

It is different for a corporate assessee

HITESH KHONA

HITESH KHONA (Querist)
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03 October 2008 thanks for the reply
Sir Could u tell me what are the rates applicable for the payment to Corporate Assessee.

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