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 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- Regime change
- Consolidated financials
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
