Rate of deduction for non resident U/S 194J

Please tell me

at which rate we have to deduct tds for non residents if they render service to the company based india.

Eg:

A is a indian company and B is a foreign consultant if he is rendering service to A.after completing 1 month he send bill to A for amount of 50000/-  at what rate now tds should be deducted by A and finally how much he has to pay to B.

plese respond immediately after u study this Query Little urgent.

Thanks in Advance.

Replies (2)

The same is depends on that whether you have received the services within india from B or Outside India. If india normal rates will be applicable for B i.e. 10% for professional or technical services. And if outside india then DTAA to be read with that country and same to be deposited under 195 section.

The TDS shall be deducted @ 10.51%^ if the foreiner has PAN or otherwise 20%.

 

Anuj

+91-9810106211

femaquery @ gmail.com

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