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
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