TDS RATE ON COMMISSION

This query is : Resolved 

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.

PLZ REPLY.

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.

Regards
Sanjay



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries