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
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
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
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- FORM 26A APPLICABILITY
- Multiple trade mark
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
