PLEASE LET ME KNOW IF WE ARE GOING TO MAKE PAYMENT TOWARDS COMMISSION TO FOREIGN RESIDENT AND PAN NUMBER IS NOT AVAILABLE, THEN TDS WILL BE DEDCUTED @ 20% AT HIGHER RATE OR @ 20.6% AS EDUCATION CESS IS COMPULSORY U/S 195.
2 Replies
CA Kunal Mishra
(Consultancy Service)
(172 Points)
Replied 26 July 2013
Will you provide more details
Karunakar
(ACCOUNTS OFFICER IN TATA PROJECTS LTD.)
(73 Points)
Replied 26 July 2013
we have paid commission to a foreign vendor and we do not have pan number of that organization. Then we have to deduct how much TDS ?
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