T.d.s

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archana parab (Querist)
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15 May 2014 As per DTAA we have deducted T.D.S at 10% as it is a NRI Party and we need to file T.D.S regular statement but since it is a foreign party the pan is not avialable .. what to do?? as per DTAA we have deducted t.d.s at proper rate then why do we need to deduct at 20% ?

Rupesh Jain

Rupesh Jain (Expert)
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15 May 2014 you have to deduct TDS @20% otherwise
after filing of TDS return you received notice for bal. 10% tds amount .

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archana parab

archana parab (Querist)
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15 May 2014 Yaa.. but the question is Why?? do NRI's has to obtain Indian PAN???

Rupesh Jain

Rupesh Jain (Expert)
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15 May 2014 if he have indian PAN then you deduct the TDS @ 10% otherwise it is same for non resident and resident case tds rate will @ 20%

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