Tds calculation
This query is : Resolved
23 January 2012
Dear sir,
Foreign company not having Indian PAN no. we deducting the TDS on verious service received from Foreign e.g. Germany we had deducted the TDS 10.5575% it is correct or we have to deduct highter Rate i.e. 20% please advice.
Regards,
Malcome
Foreign company not having Indian PAN no. we deducting the TDS on verious service received from Foreign e.g. Germany we had deducted the TDS 10.5575% it is correct or we have to deduct highter Rate i.e. 20% please advice.
Regards,
Malcome
23 January 2012
20% higher TDS applicable on foreign remittance also. if PAN not applicable TDS will be 20%
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