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Tds u/s 195

This query is : Resolved 

07 December 2011 I HAVE TO MAKE PAYMENT TO PERSON RESIDENT AT Murices(non resident) RS. 400000/- AS PROCESSING FEE.
WHETHER TDS DEDUCTED?
AT WHAT AMOUNT

07 December 2011 Yes TDS to be deducted @ 20% if no PAN is there (as per sec. 206AA)

Anuj
+91-9810106211
femaquery@gmail.com

07 December 2011 ok sir,

but if non resident provide pan than what rate is applicable
and whether DTAA effect.


07 December 2011 Rate shall be 10.51% and yes you can always use DTAA, but I always prefer to use DTAA for my Indian client's advantage not for foreign clients advantage.

Anuj
+91-9810106211
femaquery@gmail.com

08 December 2011 THANKS LOT



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