TDS on NRI Payment

This query is : Resolved

ANSHUMAN KHANDELWAL (Querist)
Follow

13 March 2009 Hi,

when we pay to NRI on account of Consultancy fees the TDS rate applicable is 30 or 40 % as the case may be.
but mistakenly we have deducted @ 11.33 % as any domestic company.so now what shoud be done on account of TDS return.
further we dont have any PAN no. of NRI consultant so when preparing TDS return what to enter in PAN Colum ?

pl reply

Rajesh Kumar

Rajesh Kumar (Expert)
Follow

17 March 2009 Pay the balance amount on your own, and deduct that amount from next bill, if you receive one.
A non resident requires PAN only when he files a return of income in India. If he does not have PAN, that means he is not filing return in India and tax is required to be collected.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.Pinank Arvindbhai Shah

venkanna setty

Vignesh Killur

Tax Expert Group

NIKHIL GUPTA

Subscribe Now

TDS on NRI Payment

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

CA Final

Accountant

GST CONSULTANCY

Article Assistant