Mehul Gupta
(29 Points)
Replied 13 October 2019
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 14 October 2019
1. Yes, it will be treated as income in the hands of GoDaddy as per sec 9(1)(vi) of the act.
2. It is an income that is accrued in India and hence it will be taxable in India.
3. TDS u/s 195 @ 10% need to be deducted. However, if DTAA provides for a lower rate of tax then that rate shall be used for deduction of tax.
Please correct me if the above solution has an alternative view.
Ahanak
(Article)
(281 Points)
Replied 14 October 2019
whether it will be considered as import of services and GST will be payable under RCM
Kapadia Pravin
(17259 Points)
Replied 16 October 2019
Animesh Badkul
(2 Points)
Replied 19 October 2020
Ok so we have to deduct tds u/s 195 @ 10% but how is it possible to deduct tds while making payments online through their payment gateway
Swathi
(Student)
(57 Points)
Replied 31 July 2021
Hello,
What if purchase the domain from an Indian Company ? Do we still have to deduct tds and pay gst under rcm?
CAclubindia
