Tds on payment to non resident
This query is : Resolved
23 September 2014
Dear All
Should TDS be deducted on professional fees paid to Non resident, who has provided services abroad and the payment is made from india in foreign currency? The Services are utilised in India...
I am of the opinion that TDS need not be deducted since the payment made to such non resident is not chargeable to tax in india, because the Services are provided outside.
Pls let me know your valuable views.
Should TDS be deducted on professional fees paid to Non resident, who has provided services abroad and the payment is made from india in foreign currency? The Services are utilised in India...
I am of the opinion that TDS need not be deducted since the payment made to such non resident is not chargeable to tax in india, because the Services are provided outside.
Pls let me know your valuable views.
23 September 2014
Dear Puneet,
Please note that Tax Deduction is not dependent upon situs of provision of services after amendment by finance act 2010 which was brought to nullify the supreme court judgement in the case of Ishikawajima Harima.
Therefore considering the facts provided by you, TDS will be deducted at the rate of 25.75% or u can take treaty benefit.
Trust your query is solved. For any other clarification, feel free to contact me at carahulsrivastava@gmail.com
Please note that Tax Deduction is not dependent upon situs of provision of services after amendment by finance act 2010 which was brought to nullify the supreme court judgement in the case of Ishikawajima Harima.
Therefore considering the facts provided by you, TDS will be deducted at the rate of 25.75% or u can take treaty benefit.
Trust your query is solved. For any other clarification, feel free to contact me at carahulsrivastava@gmail.com
Message likes :
1 times
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?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- 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
