Tds from payment to foreign compnay as per dtaa

TDS 443 views 1 replies

Accounts Manager - Taxation

1771 Points Joined April 2009

We are payment royalty to Foreign Company. If we deduct TDS as per DTAA, what are the procedure / documentation to be prepared.

Replies (1)

Student

484 Points Joined May 2008

Dear Deepak Ji

To my knowledge there is no extra formality at all for the said TDS..however

You have to submit form 15 CA and 15 CB while remitting amount to the party..

and regarding the percentages you have to refer to the relevant DTAA

Also you MAY have to obtain 1 extra doc from the party ..TRC(Tax residency certificate)

Regards

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