matter of tds

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Guest

Guest (Querist)

26 November 2010 good morning to all ezpert,
plz tell me a forghn advertisers done work in my firm. than plz tell me in which percentage i will deduct tds from his amt.

CA. VIKAS GUPTA

CA. VIKAS GUPTA (Expert)

26 November 2010 Hi,
u will have to verify the rules of Double Taxation Avoidance Agreement between India and that country since the rate of TDS is available in that agreement. TDS will be deducted u/s 195 at the rates specified in DTAA.

thanks

CA.ViVeK M ACA

CA.ViVeK M ACA (Expert)

26 November 2010 I hope Fee, roayalty, etc, payable outside india shall be disallowed if the Tax has not deduct at source. This is the express provisions contained in the Income tax Act.

But Check the Double taxation avoidance agreement. Here the foreigner must select the country of deduction which is most beneficial to him.

But the required details must be furnished to the income tax authorities in any cases as a proof

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