Friends
We have imported a software from a company in Singapore. Now while making the payment to overseas supplier do we need to deduct withholding tax as per section 195 read with DTAA under section 90 ?
Can any body clarify the rate. The supplier does not have PAN ini ndia (quite natural) so will the TDS rate be doubled under section 206AA
Please have a thought.
Regards,
CAclubindia
