Hi All
At what rate the TDS shall be deducted by an Indian Company?,in case of payment to a Non Resident u/s.195 for Architectural Designing Services
Recipient is from Canada not having any permanent establishment in India and does not have any fixed place of business in India however Non Resident do have PAN Card as per Income Tax Act
As per DTAA with Canada tax rate mentioned is 20% & also Sec.90(2) will be applicable.
Under Income Tax Act u/s.115A for contracts approved by central government Tax rate mentioned is 10%(SC+EC+SHEC), however if the above contract is not a notified contract/ not approved by the government then what rate is applicable?
Regards
Vicky
CAclubindia
