Sec 206AA with 90A
This query is : Resolved
04 March 2011
Dear Expert,
Please advice
An Indian Company make an payment to USA company on which TDS as per IT Act,1961 is 15% & TDS as per DTAA is 10%.
USA Company not provide PAN to Indian Company.
Can Indian Company deduct the TDS at 20% as the provision of Sec 206AA or at 10% as per provision of Sec 90, As both section starts as "Notwithstanding anything contains in any other provision of income tax act".
Please advice.
Thanks
Please advice
An Indian Company make an payment to USA company on which TDS as per IT Act,1961 is 15% & TDS as per DTAA is 10%.
USA Company not provide PAN to Indian Company.
Can Indian Company deduct the TDS at 20% as the provision of Sec 206AA or at 10% as per provision of Sec 90, As both section starts as "Notwithstanding anything contains in any other provision of income tax act".
Please advice.
Thanks
04 March 2011
Pl see https://www.caclubindia.com/experts/section-206aa-overrides-dtaa-606510.asp
29 March 2011
but Sir DTAA also overrides income tax act.
Sec 206AA is also a part of income tax act
Sec 206AA is also a part of income tax act
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