Withholding Tax on BoothSpace Booking Chg to NR
This query is : Resolved
14 January 2020
An Indian Company is making payment to a German Non Resident for Booth Space Booking which includes : (1) Payment for Raw Space, (2) Professional Fees, (3) Other Charges in total amounting to 10000 Euro. Is there any liability for deducting Withholding Tax and issuing 15CA/CB. If yes, at what rate and if not, what justification can be given.
The activities are taking place at Germany itself. As per Article 7 of Indo German DTAA, "profits of an enterprise of a contracting state shall be taxable only in that state." Accordingly, can it be concluded that since the profits are not taxable in India, no liability of withholding tax and only 15CA be given in the case.
Kindly suggest urgently.
The activities are taking place at Germany itself. As per Article 7 of Indo German DTAA, "profits of an enterprise of a contracting state shall be taxable only in that state." Accordingly, can it be concluded that since the profits are not taxable in India, no liability of withholding tax and only 15CA be given in the case.
Kindly suggest urgently.
14 January 2020
Yes, you are right. No liability to deduct withholding tax for this transaction.
15 January 2020
you are most welcome.
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Traces submitting correction statement error
- Banking Related Issue
- TDS on rent received on hardship compensation being rent on redevelopment of building
- NRI INSURANCE ADVISOR
- Reporting in TDS return
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- IT returns for fresh job holders
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
