Sir,
I want to do correction in TRACES for 27Q for a deductee, for Q1 of FY 2018-19. While modifying deductee details, it is asking "whether the rate of TDS is as per IT Act (a) DTAA(b)". It is giving me two options A and B. What is the difference?
Sir,
I want to do correction in TRACES for 27Q for a deductee, for Q1 of FY 2018-19. While modifying deductee details, it is asking "whether the rate of TDS is as per IT Act (a) DTAA(b)". It is giving me two options A and B. What is the difference?
Whether the deductee is resident or non resident?
From the relevant data, I can easily presume that the tax has been deducted u/s. 195 of IT act. So, if 10.4% rate is selected as per the said act, select option A.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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