20 September 2012
Dear All, I just came to know that India & Ireland have Double Taxation Agreement. In this regard how do we need to deal in making a service payment from India to Ireland? Do we need to deduct any TDS? If Yes, what is the %? If we deduct TDS what certificate Indian company needs to Give the Ireland company?
20 September 2012
First go through DTAA between INDIA and IRELAND. If it covers / explains this point of TDS, then it supercedes the Act. Else go by the provisions of income tax Act.