TDS Sec195

This query is : Resolved 

24 March 2010 Payment made to foreign company (Singapre) in US Dollars towards registration of Trade mark and consultation fees.

Whether it attracts TDS u/s.195, and if so how much percentage.

25 March 2010 As per my opinion it will be covered under the scope of section 195.
(Payment to Non resident/Foreign company for Fees for Technical services)

Rates of First Schedule of Finance Act i.e.10% will be the TDS Rate.
If DTAA is there with Singapore then Rate of ADT agreement will be applicable.
i.e. also 10%



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