Dear Members
My question is that if an individual subscribed any service (like price updation of product) from outside india then he may be liable to deduct and pay tds thereon. if yes then waht is the rate if TDS.
Menu
Tds applicability on individual
Replies (3)
Dear Sharad, Please elaborte your query.
Are you talking about an resident individual or not- redisdent individual of India?
@ ashish SIr An individual Who is resident and ordinary resident of india subscribe above mentioned service from outside india like china. i am talking about section 195 applicability.
The TDs rate will be applicable as per dtaa with that country. In case rates are not prescribed in dtaa then rates applicable in India will prevail.
Pls note in case payee does not have pan in India, higher rate of 20% will be applicable.
Recent Threads
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
- Ineligible itc under section 16(4) & itc restr
- Itc on when mixed sales percent in hospitality
- Apply for GST registration while working in MNC
Related Threads
CAclubindia
