TDs
This query is : Resolved
21 April 2010
we are a ATC (Authorised training Center) of IATA registered in india . and we are making a ATC Annual Fees of US $ 2500 to IATA (international Air Transport Association,) which is registered in canada and non profit organisation.
so can anyone please tell me that weather TDS Dedution u/s 195 is Mandatory or not........
if yes what is rate of TDS......
Thanks in advance.....
so can anyone please tell me that weather TDS Dedution u/s 195 is Mandatory or not........
if yes what is rate of TDS......
Thanks in advance.....
21 April 2010
Dear Rupinder,
As the fees paid by you is for using the name of IATA and covered under royality.And as per India - Canada DTAA the tax rate would be 20% of gross amount assuming the payee does not have any permanent establisment in india.
As the fees paid by you is for using the name of IATA and covered under royality.And as per India - Canada DTAA the tax rate would be 20% of gross amount assuming the payee does not have any permanent establisment in india.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Average Cost Of High Quality Diamonds
- ITR 4 OR ITR 3 WHICH FORM CHOOSE
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
