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TDS formalities and TRC - NRI turkey

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Miss Riya

working

43 Points Posted on 05 December 2022

A SAAS based private company in India providing software solution on rent basis to industries along with follow ups and online software training.

For a service it is required to take help of a company in Turkey on recurring basis and then further provide here.

My question is for the payment to this Turkey Vendor.

1. What are the formalities we have to do ?

2. What are the TDS related details that should be asked from turkey based co. ?

3. What will be the exact rate of TDS deduction?

4. Is the TRC mandatory? Kindly provide the flow chart for TDS rate if TRC is provided and if TRC is not provided.

Thanks.

Replies (2)

Quick Summary

This discussion addresses the TDS formalities and Tax Residency Certificate (TRC) requirements for an Indian SaaS company making recurring payments to a Turkish vendor for safety data sheets software services. Key questions cover necessary documentation from the vendor, exact TDS rates, and the mandatory nature of the TRC, especially when no Permanent Establishment exists in India. Guidance is sought on the TDS process under Section 195 and Double Taxation Avoidance Agreements (DTAA).

Sarthak Kumar Dash

Student

144 Points Posted on 06 December 2022

I need some more information - Nature of service, amount involved, and Whether there is any PE of the company in india

after that i can help you going through sec 195 and dtaa, whichever is beneficial... but yea, you need TRC and have to fill form 15ca and cb