21 September 2009
our company is paying commision to parties for service rendered in india. That party is located at spain. what is the tds rate for commission taking into consideration the DTAA.
21 September 2009
See section 195(i) TDS on any other income for the appropriate rate of TDS. DTAA specified rates only for Dividend,Interest,Royalty and fees for technical services.
So tds( withholding tax rate will be either 30 or 40 depending on status of the receipient.