banner_ad

Tds_section 195

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 January 2016 Hi all,One of our clients is deducting the tax on the amount payable to foreign company at the rate of 20% as PAN of foreign company is not available.My question is whether 20% deduction is enough or we have to deduct cess also in addition to TDS @ rate 20%.Thank you
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
12 January 2016 Law is very clear if you don't have PAN ,you have to deduct 20% only.
Profile Image

SANYAM ARORA

Profile Image

SANYAM ARORA (Expert)
13 January 2016 True as it is a specified rate
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
07 October 2021 Check the DTAA agreement, otherwise cess will also be applicable.
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
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details