Payment to nri
This query is : Resolved
Ritesh Patel
(Querist)
11 December 2012
Dear All,
We want to pay certain amount to Hongkong based party, as there is no DTAA between India & Hongkong, at what rate the transaction be taxed?
Regards,
Ritesh
We want to pay certain amount to Hongkong based party, as there is no DTAA between India & Hongkong, at what rate the transaction be taxed?
Regards,
Ritesh
Amol S Joglekar
(Expert)
11 December 2012
01.Check if the transaction is hit by section 195, if so tax rate is 30 %.
02.Get 15 CA/CB from a chartered accountant. He/she will guide you for the exact rate of TDS.
02.Get 15 CA/CB from a chartered accountant. He/she will guide you for the exact rate of TDS.
Message likes :
1 times
Ritesh Patel
(Querist)
11 December 2012
Thanks a lot Mr. Amol Joglekar.
CA. Anuj Gupta
(Expert)
22 December 2012
please specify the nature of transaction.
Anuj
Anuj
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