Oversea Commission
This query is : Resolved
30 September 2008
Dear All
We are paying commission for overseas parties for Sales of our product
IF it will affect withholding tax what is the percentage
We are paying commission for overseas parties for Sales of our product
IF it will affect withholding tax what is the percentage
30 September 2008
We are paying commission for overseas parties for Sales of our product
IF it will affect withholding tax what is the percentage
IF it will affect withholding tax what is the percentage
30 September 2008
Withholding tax is applicable.Please refer to section 195 of IT ACt.
30 September 2008
the rate of tax will depend upon the amount and the person to whom you are paying
30 September 2008
Further, Refer C.No 786/07.02.2000
Commission paid to a non-resident agent for rendering services outside India, such income does not accrue or arise in India u/s 5 and such payments are not taxable in India and no tax is to be deducted u/s195.
Commission paid to a non-resident agent for rendering services outside India, such income does not accrue or arise in India u/s 5 and such payments are not taxable in India and no tax is to be deducted u/s195.
30 September 2008
TDS Rate u/s 195 :(sec 2(37A))
a) Finance act of the relevant year or
b) DTAA entered by central Govt u/s 90 or
c) Agreement notified by the CG u/s 90A
whichever is most beneficial to the assessee shall apply.
a) Finance act of the relevant year or
b) DTAA entered by central Govt u/s 90 or
c) Agreement notified by the CG u/s 90A
whichever is most beneficial to the assessee shall apply.
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
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
