07 November 2013
we have received bill of $300 for shipment and handling charges from M/s us co.USA
MY QUESTION IS TDS AT WHAT RATE?
IF THE RECEIPIENT NOT HAVING PAN WHAT IS THE RATE?
08 November 2013
You will have to check DTAA Agreement between India & USA. Minimum rate to be deducted for no PAN case is 20 % + 3 %, subject to any higher rate if mentioned in DTAA Agreement.
CAclubindia
