sir i am payment to, non resident, company against "one time purchase Fees " in USD how much tds will be desucted ?
rate and under section ?
Jeetu Manglani (177 Points)
30 November 2019
RAJA P M
("Do the Right Thing...!!!")
(128029 Points)
Replied 30 November 2019
RAJA P M
("Do the Right Thing...!!!")
(128029 Points)
Replied 30 November 2019
Miss Mansi Bhojani
(Practicing Chartered Accountant)
(1735 Points)
Replied 01 December 2019
Kapadia Pravin
(17259 Points)
Replied 02 December 2019
Since the payment of professional fees is not to a resident Indian, section 194J @ 10% won't apply.
The applicable section will be 195 (where TDS @ 30% maximum ) however subject much to DTAA provisions.
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