Professional fees remittance to China


This query is : Resolved 

25 November 2010 Hi,

I need to remmitt some funds to China to one of our consultant.. please let me know the rate as per DTAA n as per section 195?

Regards,
Nazir

25 November 2010 10%

18 December 2010 You should deduct 10.5575% the rate provided by Income Tax Act as there are many clauses in a DTAA which if you don't fulfill shall make you liable for short deduction of TDS.


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