26 May 2022
While filing TDS Return for 27Q. I Am getting following error
T-FV-4335 Invalid value. Please provide valid value under field ‘Email ID of deductee'.
T-FV-4338 Invalid value. Please provide valid value under field ‘Tax Identification Number / Unique identification number of deductee
T-FV-4337 Invalid value. Please provide valid value under field ‘Address of deductee in country of residence'.
The foriegn company has a PAN Number and I have entered that also. tds deducted as per DTAA between INDIA and USA. In the return selected the same DTAA (b).
So i want to know whether these below fields are compulsory to fill as if i leave it blank then there is no error.
I get error When i enter following details
1. email of the deductee 2. address of the deductee 3. tax identification of the deductee 4. Contact Number of deductee
27 May 2022
Since Foreign Entity has a PAN, No need to mention the other information (Email, address TIN and contact No.). Please refer below explanation
A recipient who fails to furnish PAN to the person making a payment would suffer TDS at the higher of the rates mentioned below(Section 206AA): At the rate specified in the relevant provision of the Act; At the rate or rates in force, i.e., the rate prescribed in the Finance Act, At the rate of 20%
The CBDT has, vide notification, inserted Rule 37BC to provide that the provisions of section 206AA shall not apply to a non-corporate non-resident, or to a foreign company not having PAN in respect of payments in the nature of interest, royalty, fees for technical services and payments on the transfer of any capital asset, if the deductee furnishes the following details and documents to the deductor: a. Name, e-mail id, contact number; b. address in the country or specified territory outside India of which the deductee is a resident; c. certificate of his being resident in any country or specified territory outside India from the Government of that country or specified territory, if the law of that country or specified territory provides for the issuance of such certificate; d. Tax Identification Number of the deductee in the country or specified territory of his residence.
So this details are required to be mentioned in TDS return if Non Resident doesn't have PAN and want to claim the benefits of lower rate as per DTAA.
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