DTAA

TDS 640 views 3 replies
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Manager - Finance
28 Points Joined July 2009

Hi Guys,

When TDS is deductible on income to non resident under DTAA of the repective country and the tax rate is 10% should surcharge and cess be added??

 

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On 21 July 2009 at 14:10 Report
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Hi Mona,

You need to deduct TDS by including SC if the income exceeds Rs. 10L incase of individual and EC in all case. But the provision under DTAA prevail over IT act so no need to deduct SC under DTAA if nothing is mentioned in the agreement.

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On 21 July 2009 at 14:16
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CA Final Student
48 Points Joined January 2008

hi mona

surcharge should be deducted if the payment is exceding Rs. 10 lakh.

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On 21 July 2009 at 14:42
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Chartered Accountant
445 Points Joined December 2008

hi..

under DTAA (withholding tax) surcharge is not applicable..

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On 21 July 2009 at 20:15


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