tds on cosultancy charges paid to honkong based company

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Hiren (Querist)
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26 June 2009 what is the rate of tds(withhodling tax) in case of consultancy charges paid to a Hongkong based company? Is there any DTAA with Honkong?

Sanjeev Jain

Sanjeev Jain (Expert)
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26 June 2009 Hie Hiren

the ans. of this ques. is dependent on three issues which are as under: -

01. Payment will be made to da party in INR or Forex
02. whether the hongkong co. has any permanent establishement in India or not.
03. And last is where service is being provided or has been provided.

Mere ans. of your ques. on the basis of ur stated facts will be wrong professionalism and wrong ans. will misguide you.