17 January 2016
We are a marketing company solely owned by a UAE National, based out of Dubai providing marketing services overseas to real estate developers from India. The services provided are outside India and we do not have any establishment or office in India and are seeking our service fees outside India.
Do we necessary need to have a PAN card to recieve monies overseas, We have already given our Tax Residency Certificate and according to DATT tax treaty no deduction of TDS is being made but the Developers are asking for PAN Card.
Can any income tax expert please shed some light on this issue. Do we require a PAN Card/ number ?