Sec. 195 tds on payment to nri
Querist : Anonymous
BUSINESS CONNECTION OR PE OF THE NRI HAS TO BE CHECKED OR NOT ?
ANY FLOW CHART FOR TDS LIABILITY ON PAYMENT TO NRI ? PLS. PROVIDE IT.
EMAIL : PATELNCO@GMAIL.COM
TDS is to be deducted on any payment made to non resident which is chargeable to tax in India.
Accordingly, It is necessary that the income is Chargeable to tax in India for TDS.
Secondaly, if the Income is chargeable to tax in India then the provisions under DTAA have to be considered. If it is exempt as per DTAA provisions then TDS will not be there.
In most of the DTAA, Business Income is taxable if there is PE or business connection in India.
So, first of all, you will have to look at the DTAA with the country where you are remitting the funds.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Building and other construction workers welfare cess act 1996
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
