TDS rate commission to non resident hotel room booking agent
This query is : Open
02 July 2009
AA LTD IS RUNNING A HOTEL IN INDIA AND HAVE A CONTRACT WITH AN AGENT IN USA TO BOOK THE ROOMS FOR THEIR CLIENTS IN INDIA.
FOR THE SAME THE USA AGENT WILL GET AN A 5% COMMISSION ON THE BILLING AMOUNT FROM THE HOTEL.
WHETHER THE TDS WILL APPLY? IF SO WHAT RATE?
FOR THE SAME THE USA AGENT WILL GET AN A 5% COMMISSION ON THE BILLING AMOUNT FROM THE HOTEL.
WHETHER THE TDS WILL APPLY? IF SO WHAT RATE?
02 July 2009
TDS is applicable. Refer to DTAA agreeemnt with usa and apply the rate of tds as per DTAA. If DTAA is silent about the rate for commission then section 195 will be appplicable.
03 July 2009
In my opinion, TDS is not applicable.
Further I would like Mr.Rajesh Dua to opine on this issue.
Further I would like Mr.Rajesh Dua to opine on this issue.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- LC charges in relation to Asset purchased should be Capitalised ?
- FORM 26A APPLICABILITY
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
