Withholding taxatipn

JAYANTA KUMAR BANDYOPADHYAY (professional service) (293 Points)

15 October 2021  

Many Chinese service providers take huge time in giving various DTAA related declaration forms.  Should importer insist upon documentation pertaining to the year of service provided or when payment is initiated say after 3 to 4 years.

Further , in some cases, tax liability provisions are missed out or even if paid, TDS Certificate is not issued pending final payment. What are penal consequences?

Pl guide