TDS on Royalty for an US Citizen
This query is : Resolved
Aneesh Gopinath
(Querist)
14 July 2011
Hello,
TDS on royalty is applicable to an US Citizen earning income from India by publising books. Who doesn't have any registered business in India.
TDS on royalty is applicable to an US Citizen earning income from India by publising books. Who doesn't have any registered business in India.
CA MANOJ GUPTA
(Expert)
14 July 2011
Such royalty income will be deemed tpo accrue or arise in India hence ;liable to tax deduction at the rate of 10.3 percent
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
Aneesh Gopinath
(Querist)
15 July 2011
Thanks, If the US Citizen doesn't have any pan card the rate will change or not? also he need to file the tax return in India.
CA. Anuj Gupta
(Expert)
15 July 2011
Here it needs to be seen whether any Permanent Establishment of US Citizen is made out or not.Kindly check whether US Citizen has stayed in India for how many days?
Also kindly check the profession of US Citizen?
In the case of normal royalty payment( i.e. without any PE)then the TDS @ 20% shall be liable to be deducted.
The US Citizen shall be required to file return of income in India.
Anuj
0-9810106211
Also kindly check the profession of US Citizen?
In the case of normal royalty payment( i.e. without any PE)then the TDS @ 20% shall be liable to be deducted.
The US Citizen shall be required to file return of income in India.
Anuj
0-9810106211
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