banner_ad

TDS on Royalty

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 February 2008 What is the TDs rate to be deducted for non resident individual when there is no agreement with the non resident and the pyament is advance amount
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
24 February 2008 1. What is the nature of payment?What do you mean by advance payment?
2. Is there DTAA?
Profile Image

Madhusudhan BS

Profile Image

Madhusudhan BS (Expert)
25 February 2008 The heading for the query is given as TDS on royalty. Therefore I assume that the payment is towards royalty. Whether there is an agreement or not, as long as the payment is in the nature of royalty, the TDS has to be deducted. Advance payment also attracts TDS. The DTAA provisions are country specific.
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
25 February 2008 The problem is royalty will not be paid in advance, where as a technical know-how fee (a portion) may be paid inadvance. That is why it is better to know from the queriest the exact nature, before expressing opinion. Secondly, if DTAA specifies a lower rate then that will prevail
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details