The Private limited company has to pay 300 $ to foreign non corporate person as a technical service fee. At what rate TDS is required to be deducted and whether sec.195 is applicable.?
nikhil shah (service) (31 Points)
05 February 2008The Private limited company has to pay 300 $ to foreign non corporate person as a technical service fee. At what rate TDS is required to be deducted and whether sec.195 is applicable.?
CA Santosh Kumar
(Service)
(21 Points)
Replied 29 November 2008
Originally posted by :nikhil shah | ||
" | The Private limited company has to pay 300 $ to foreign non corporate person as a technical service fee. At what rate TDS is required to be deducted and whether sec.195 is applicable.? |
" |
CA Santosh Kumar
(Service)
(21 Points)
Replied 29 November 2008
Originally posted by :nikhil shah | ||
" | Sec 195 is applicable. You have to deduct TDS at the rate provided in Income Tax Act or DTAA whichever is beneficial to the assessee | " |
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