Tds on royalty paid to foreign partner

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 April 2013 Dear All,

Our company is a joint venture with foreign partner. We have an agreement to pay 2.5% royalty on total turnover to foreign partner.

So we have confusion for below given points:

1. TDS rate on Royalty fees, without PAN No.
2. It is necessary for foreign partner to take PAN no. and file return for royalty fees .

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
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18 April 2013 1. 25%+ applicable surcharge + 3%. However you are entitled to benifit of DTAA rates subject to procurement of TRC by foreign parent from foreign Govt.

2. Yes

Anuj
femaquery@gmail.com

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