Tds on payments made to foreign nationals
This query is : Resolved
26 December 2018
We are making payment form India Pvt. company to a company registered in USA toward Professional fees for services rendered by them to us in India. The foreign company do not have any place of business in India & also it do not have PAN in India.
**TDS should be deducted at what rate for payment of professional fees to such foreign company registered in USA**
**TDS should be deducted at what rate for payment of professional fees to such foreign company registered in USA**
CA R SEETHARAMAN
(Expert)
26 December 2018
Deduct TDS under section 195 under fees for technical services at 10%. No PAN number is required. Obtain their TAN number.
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