Tds applicable for payment to nri towards technical job -it

A private  limited company has to pay service charges to an NRI in US.

1.TDS is applicable in this case

2. if so what rate for financial year 14-15 

Anandan S

Replies (2)

Yes TDS is applicable under section 195. 

You have to deduct at 25% as per 115A 

If the person is able to give you a tax residency certificate then if there is any benefit in the DTAA the same can be obtained.

visit capraveenmr.wordpress.com for updates

Yes, Applicable @ 25%.

 

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