We are deducting TDS on Software service to Australian company @ the rate 10.56%. But They dont have PAN No. Since Australia covered under DTAA has Australia apply for PAN?
If Foreign company covered under DTAA,
a) Should Australia has to apply for PAN?
b) If PAN is not their for foreign co. should we deduct 20% of TDS?
Thanks for your reply
Regards,
Ratna
Yes australia company should apply for PAN if PAN is not available deduct tax at @ 20%
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