Nri suppliers pan number

Dear sir,

Kindly clarify this please.

Frequently i am receiving professsional charges invoices from my parent company from spain, while making the payment i am deducting 20% of tds.  if possible to apply pan card for my parent company in india is possible?

because my tds percentage will come down from 20% - is it right, pls clarify.

 

 

 

 

Replies (1)

yes. it is possible for your parent company to apply for PAN card in India.

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