Payment to non resident
This query is : Resolved
02 August 2011
Sir,
we are making payment to non resident
and it is subject to TDS :
TDS rate is as per ADT agreement is withholding tax rate is 20%
as per income tax act (195) TDS rate 10.3%
Paraty PAN Not available with us
here my quation is which rate i have to take for making of TDS payment?
we are making payment to non resident
and it is subject to TDS :
TDS rate is as per ADT agreement is withholding tax rate is 20%
as per income tax act (195) TDS rate 10.3%
Paraty PAN Not available with us
here my quation is which rate i have to take for making of TDS payment?
02 August 2011
You have to deduct tax @ 10.3% as Non-Residents donot have PAN the provisions of Non Availability of PAN wont be applicable to them and as such their income is not taxable in India. So, in this case, tax has to be deducted @ 10.3%
02 August 2011
20%
https://taxguru.in/income-tax/tds-rate-us-206aa-if-no-pan-on-payment-to-non-residents.html
https://taxguru.in/income-tax/tds-rate-us-206aa-if-no-pan-on-payment-to-non-residents.html
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
