TDS U/S 195

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 November 2010 I M DOMESTIC COMPANY.
I CREDITED RS. 10 LACS AS COMMISSION TO NRI.

SERVICE RENDERED OUTSIDE INDIA.

THEN WHETHER I HAV TO DEDUCT TDS U/S 195.

NRI DON'T HAVE PAN.

Querist : Anonymous

Querist : Anonymous (Querist)

20 November 2010 AS INCOME IS NOT ACCRUED IN INDIA.
NOT ARISED IN INDIA.

WHETHER THIS INCOME IS TAXABLE IN INDIA??

CA KISHORE VANAMA

CA KISHORE VANAMA (Expert)
Follow

22 November 2010 I think you have to deduct TDS whether services rendered in India or outside India as per latest amendment in Sec 9

Upgrade to CAclubindia Pro. Subscribe Now!

CA Sanat Pyne

CA Sanat Pyne (Expert)
Follow

22 November 2010 YES YOU HAVE TO DEDUCT TDS AT MAXIMUM RATE i,e. 20%

Querist : Anonymous

Querist : Anonymous (Querist)

23 November 2010 but i wanna to ask that income is not taxable in india........
then how can tds is to be deducted.................

any one elaborate