Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Tds applicability on individual

sharad rai (learner ) (178 Points)

11 February 2013

Dear Members

My question is that if an individual subscribed any service (like price updation of product) from outside india then he may be liable to deduct and pay tds thereon. if yes then waht is the rate if TDS.

Reply
Follow
Share

3 Replies

Ashish Bansal (CA) (1036 Points)
Replied 12 February 2013

Dear Sharad, Please elaborte your query.

Are you talking about an resident individual or not- redisdent individual of India?

Upgrade to CAclubindia Pro. Subscribe Now!

sharad rai (learner ) (178 Points)
Replied 13 February 2013

@ ashish SIr An individual Who is resident and ordinary resident of india subscribe above mentioned service from outside india like china. i am talking about section 195 applicability.

Ashish Bansal (CA) (1036 Points)
Replied 29 September 2013

The TDs rate will be applicable as per dtaa with that country. In case rates are not prescribed in dtaa then rates applicable in India will prevail. Pls note in case payee does not have pan in India, higher rate of 20% will be applicable.