Remittance to Foreign Co

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I've made Professional Fees to foreign company (who not having PAN) after deducting the TDS 10%  ( as per TDS rates under DTAA ). While filing e-TDS return there is option to mention TDS deducted as per DTAA and return shows error as  Invalid PAN or Higher Rate not selected.

Can foreign company have to take PAN in India eventhough they have not any branched in India?

Higher rate of 20% is also applicable to Foreign companies who not having PAN ?

Pl advise, Thanks

Replies (2)

yes if company's not PE in india than tds should be deduct without PAN 20%..

foreign Company needs to take PAN if it is earning any income from india and the same doesn't depend on having any branch or place of business in India.

 

Anuj

0-9810106211 


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