Tds deduction

Dear Experts,

WE want to pay to a non resident at south korea an outsourcing design engineer fees. We kindly request you to inform us how tds has tobe deducted either 10.815% or 20.60%. They do not have any pan number in india. On notification no.53/2016 dt.24.06.2016 says that the email id., unique identification number , is available means tds can be deducted at normal rate or higher rate.

Please clarify.

Thanks & Regards,

S.Ramakrishnan

 

 

Replies (7)

Yes if all the details required as per above mentioned notification are available then TDS can be dedcuted at normal rate.

Yes, if the specified documents and specified details are furnished, then higher rate of tax need not be paid. Hence ,you can deduct tax @ 10.815% .

Yes. If all the details are furnished as per notification no.53/2016.then no need to deduct higher rare of tds. 

Thus rate of tds would be normal rate .

 

Deduct at normal rate since higher rate is to be deducted in the absence of required information.

Dear Sir,

 

We will deduct tds at 10.815% with out pan no. While filing quarterly returns under 27Q pan no is a must, without pan no the return cannot be filed. What to do in this case.

please see cbdt notification
please see cbdt notification dated 24.06.2016 u/s 206 AA RULE 37BC, regarding tds return filing in form 27Q

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