T.d.s
This query is : Resolved
archana parab
(Querist)
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
(Expert)
15 May 2014
you have to deduct TDS @20% otherwise
after filing of TDS return you received notice for bal. 10% tds amount .
after filing of TDS return you received notice for bal. 10% tds amount .
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archana parab
(Querist)
15 May 2014
Yaa.. but the question is Why?? do NRI's has to obtain Indian PAN???
Rupesh Jain
(Expert)
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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