Tds 195 , technical fee to foreign co.
This query is : Resolved
22 May 2012
An Indian co. paying for technical services to Non Resident foreign Co. which is having PE in India. No rates given in DTAA with foreign country(UAE).
At what rate Indian Co has to deduct TDS...?
At what rate Indian Co has to deduct TDS...?
24 May 2012
The rate shall be 42.23% as per Finance Act on NET INCOME.
TDS rate is normally 10.51% or 20% on GROSS BASIS if the foreign party doesn't have PE in India.
Anuj
femaquery@gmail.com
TDS rate is normally 10.51% or 20% on GROSS BASIS if the foreign party doesn't have PE in India.
Anuj
femaquery@gmail.com
Message likes :
2 times
03 June 2012
thank you very much..........
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