Tds on foreign payment


This query is : Resolved 

09 December 2011 We wanted to make payment to foreign Company in Dubai. Payment is in relation to the professional fees as they have provided service in dubai on our behalf If that company tookes PAN in India. What will be the rate of TDS applicable to them?

10 December 2011 The rate of TDS is 10%. The TDS must be deducted for claiming the payment as expense.

13 December 2011 10.51% as per Income tax Act if the foreign Company has PAN.

Anuj
+91-9810106211
femaquery@gmail.com


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