TDS ON ROYALTY PAID TO A FOREIGN COMPANY

This query is : Resolved 

04 April 2008 WE HAVE TO PAY A 2500 US$ AS LICENCE TRANSFER FEES TO A COMPANY OF ARGENTINA. IS IT SUBJECTED TO TDS? IF YES, THAN HOW IT WILL BE IMPLICATED AND AT WHAT RATE?

05 April 2008 tds is applicable
rate will be lower as : provided in DTAA or in income tax.

05 April 2008 SEC 195 ATTRACTS TDS ON FORIEN REMETTANCES INCUDING ROYALTY AT INCOME TAX PRESCRIBED RATE OR DTAA RATE WHICH EVER IS LOWER IF GOVT. OF INDIA HAS A DTA WITH SUCH COUNTRY.
Pl. VERIFY FOR existence OF SUCH DTA with Argentina by our govt. IN WEBSITE
www.incometaxindia.gov.in
R.V.RAO




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