Withholding Tax on BoothSpace Booking Chg to NR
This query is : Resolved
14 January 2020
An Indian Company is making payment to a German Non Resident for Booth Space Booking which includes : (1) Payment for Raw Space, (2) Professional Fees, (3) Other Charges in total amounting to 10000 Euro. Is there any liability for deducting Withholding Tax and issuing 15CA/CB. If yes, at what rate and if not, what justification can be given.
The activities are taking place at Germany itself. As per Article 7 of Indo German DTAA, "profits of an enterprise of a contracting state shall be taxable only in that state." Accordingly, can it be concluded that since the profits are not taxable in India, no liability of withholding tax and only 15CA be given in the case.
Kindly suggest urgently.
The activities are taking place at Germany itself. As per Article 7 of Indo German DTAA, "profits of an enterprise of a contracting state shall be taxable only in that state." Accordingly, can it be concluded that since the profits are not taxable in India, no liability of withholding tax and only 15CA be given in the case.
Kindly suggest urgently.
14 January 2020
Yes, you are right. No liability to deduct withholding tax for this transaction.
15 January 2020
you are most welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
