Hi friends,
please tell me the applicable tds rate for payment to US for professional received and the article applicable under DTAA.
Thanks in advance.
Uday.
KRISHNA KUMAR R C
(CHARTERED ACCOUNTANT)
(313 Points)
Replied 22 December 2009
It is 15% + 3% Education cess is TDS rate as per DTAA with USA, if the recepiant is Company Surcharge of 2.5% is also to be dedcuted.
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 23 December 2009
Kindly be more specific in query and tell the exact nature of service and the constitution of party rendering the service.