Its urgent. payment of non resident- whether tds applicable
This query is : Resolved
21 February 2013
Hello everyone,
one of my client has entered into agreement with a company in turkey providing certification services.
as per agreement my client has to pay to the foreign co. 150$ per certification.
He has done 3 certification in the year 12-13.
now he want to make pmt of 450$ to the turkish co.
he has come to me for form 15CB certificate.
My Question:
whether my client needs to deduct tax at source? if yes at what rate?
one of my client has entered into agreement with a company in turkey providing certification services.
as per agreement my client has to pay to the foreign co. 150$ per certification.
He has done 3 certification in the year 12-13.
now he want to make pmt of 450$ to the turkish co.
he has come to me for form 15CB certificate.
My Question:
whether my client needs to deduct tax at source? if yes at what rate?
22 February 2013
in absence of PAN, 20% TDS shall apply on the least.
if the Turkey entity has PAN in India, it may choose to use beneficial provisions of DTAA for Nil or 15% deduction.
if the Turkey entity has PAN in India, it may choose to use beneficial provisions of DTAA for Nil or 15% deduction.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ITR 4 and Bank transactions
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
