TARAK NATH SAMANTA (M.Com) (33 Points)
04 May 2015Can anyone suggest me the current prevailing rates of Tds u/s 195 for Technical Services for the f.y.2015-16?
If as per DTAA Treties the prevailing Tds rates for Consultancy Services is 20% between India and UK, then at what rates we should deduct Tds for our UK Consultant?
Again is it subject to Edu Cess also?
TARAK NATH SAMANTA
(M.Com)
(33 Points)
Replied 05 May 2015
Is anyone there to provide the answer of my last night post against the captioned subject.
Anubhav
(Chartered Accountant)
(429 Points)
Replied 05 May 2015
Dear Tarak,
- According to sec 195 rate of TDs is 25% for fy 2015-16
- In case as per dtaa rate of tax is 20%, then the rate which ever is beneficial to assessee will be available, hence 20% will be chargeable. Condition- following documents need to be submitted:
1. Tax Residency Certificate.
2.Declarations.
3.Form 10F
In case of further query PM or mail me.
Anubhav Jain
anubhavjain176 @ gmail.com
9868729930
CAclubindia
