Tds on nr payments
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 August 2011
Dear sir,
An indian partnership firm has paid to NR - foreign company
1) Reimbursement of 90 Euro for travelling expenses : Air fare from Delhi to Mumbai
2) Charges for Visiting the factory for a day 550 Euro
What is the status for tds
Whether TDS is applicable to i and ii
What will be the rate of deduction? 30% or 40%?????
Whether surcharge, Education cess and Higher education cess is applicable in addition to the above rate
An indian partnership firm has paid to NR - foreign company
1) Reimbursement of 90 Euro for travelling expenses : Air fare from Delhi to Mumbai
2) Charges for Visiting the factory for a day 550 Euro
What is the status for tds
Whether TDS is applicable to i and ii
What will be the rate of deduction? 30% or 40%?????
Whether surcharge, Education cess and Higher education cess is applicable in addition to the above rate
01 September 2011
Rate of TDS will be as per the Income tax act and deduction of tds is compulsory.
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?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
