Tds on payment to non-residents- foreign sportsperson

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

06 October 2015 Hello Experts
We need to may payment to a foreign sports person to endorse our brand outside India (on her clothes, she will be sporting our logo). Will TDS be applicable ?

RahulMehta

RahulMehta (Expert)
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06 October 2015 yes TDS applicable u/s 195 read with Section 115BBA

Querist : Anonymous

Querist : Anonymous (Querist)

06 October 2015 But since the non-resident sports person does not have a PE in India and the endorsements of the brand is being done outside India, would tds be applicable?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 October 2015 No TDS applicable for foreign sports person endorsing brand out side India.
Mr. RahulMehta Section 115BBA applicable for endorsement in India.

Querist : Anonymous

Querist : Anonymous (Querist)

06 October 2015 Thank you Mr. Seetharaman