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Pan number

This query is : Resolved 

18 November 2011 DEAR ALL,
I WANT TO MAKE PAYMENT TO FOREIGN COMPANY AS PROFESSIONAL FEES AND IT HAS NO BRANCH IN INDIA. IF I DEDUCT TDS THEN PAN NUMBER OF FORIEGN COMPANY IS REQUIRED OR NOT. IF PAN NUMBER IS NOT THERE THEN WHAT IS RATE OF TDS.

18 November 2011
if you dont have pan no then you have to pay tds @20%

18 November 2011 Tax deduction at source(TDS) will be deduct higher than prescribed rate or 20% if PAN is not furnished on all the transaction.

MORE INFO:
https://taxguru.in/income-tax/tds-rate-us-206aa-if-no-pan-on-payment-to-non-residents.html


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