Rate of TDS - DTAA Singapore
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2011
Payment is to be made to Singapore Based Director. Payment is in nature of Profit Sharing Bonus. Kindly advise on Rate of TDS Under DTAA with Singapore and under Which head to cover it
CA. Anuj Gupta
(Expert)
17 June 2011
As per Article 16 of India Singapore Treaty "Directors fees and similar payments derived by a resident of Singapore in his capacity as a member of the board of directors of a company which is a resident of India may be taxed in India."
Hence tax at the rate of 30.90% should be deducted in such case.
Anuj
0-9810106211
Hence tax at the rate of 30.90% should be deducted in such case.
Anuj
0-9810106211
CA MANOJ GUPTA
(Expert)
17 June 2011
RATE OF TAX DEDUCTION WILL BE 30.9 PERCENT
CA MANOJ GUPTA
09828510543
CA MANOJ GUPTA
09828510543
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
