Payment of tds
This query is : Resolved
11 April 2014
Recpected Experts ,
We are a manufacturing unit engaged in exports of pharmaceutical bulk drug.
we have paid commission in dollars to our overseas agent through bank for the orders received by us from them.
The agent does not have a office in India and also does not pay taxes in India of any kind.
Do we have to deduct TDS on the commission paid to him and than transfer the amount.
We are a manufacturing unit engaged in exports of pharmaceutical bulk drug.
we have paid commission in dollars to our overseas agent through bank for the orders received by us from them.
The agent does not have a office in India and also does not pay taxes in India of any kind.
Do we have to deduct TDS on the commission paid to him and than transfer the amount.
11 April 2014
you have to deduct tds u/s 195 payment tp non resident @ 10% if he have indian PAN
otherwise you have to deduct TDS @ 20%
otherwise you have to deduct TDS @ 20%
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
- Audit applicability of ITR
- Query related to 2 buyers and 1 seller in form 26QB
- Excess salary reported by employer to IT Dept.
- Invoice Received but goods received on Later Date.
- Income classification under heads of income under income Tax
- FD source of Income
- GST- ITC Eligibility
- Utilization of interest in TDS challan
- Hsn code in GST
- ITR selection for salary plus MT sales
- FOUR DEMAND NOTICE RECEIVED FOR 4 QUARTERS. HOW TO FILE APPEAL
- Capital gain exemption under 54F for construction of flat by the builder
- GST on compensation and Interest of supply made prior GST regime
- Clarification on Entity User, Business User & AD Bank for FC-TRS Filing
- Stamp Duty & Registration Fees on Sale Deed
- Validity of Rectification
- Custom PhD Dissertation Writing Agency
- Rooftop subsidy
- Goodwill calculate
- Applicability of Interest u/s 201(1A) when the TDS threshold is crossed.
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
