TDS ON ANNUAL MEMBERSHIP FEES PAID TO FOREIGN INSTITUTION

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This query is : Resolved

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This discussion addresses whether Tax Deducted at Source (TDS) under Section 195 is applicable when an educational institution in India remits annual membership fees to a UK institution. It explores the relevant TDS rates, potential implications under Double Taxation Avoidance Agreements (DTAA), and the necessity of filing Forms 15CA and 15CB for the remittance process.

Vipul Goel

Vipul Goel (Querist)

07 August 2021 MY CLIENT AN EDUCATIONAL INSTITUTION WANT TO REMIT TO UK FOR ANNUAL MEMBERSHIP FEES OF GBP 1277.
WHETHER TDS WILL BE DEDUCTED U/S 195.
IF YES AT WHAT RATE
IF TAXABLE UNDER DTAA - AT WHAT RATE AND UNDER WHICH ARTICLE

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

07 August 2021 TDS not applicable on such payment.

Vipul Goel

Vipul Goel (Querist)

10 August 2021 Thank you sir for your reply.

Please also let me know whether 15 CA or 15 CB should be filed as bank ask for 15ca / cb for remittance.
If TDS will not be deducted then we can give form 15cb or not.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

10 August 2021 File 15CA and give a copy to bank.

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