TDS on consultancy services

Yes you should deduct tds.

TDS should be deducted unless otherwise declaration in Form 15C/CA is taken.

Regards

Kabra

can you mention as per which section TDS should be deducted?

TDS should be deducted under the Sec.195 of the Income Tax Act.

For the clearance of foreign remittance u/s.195 we have take a Form 15CB  certificate from CA.

Under that cert. all details regarding TDS and DTAA is mentioed + 15 CA certi.(from nsdl site  - download) is also required.If the PAN no. is not available then double tax will be charged.i.e.20.00%

if audit is conducted for the first time for the individual who is making payment for the consultancy service then is there any chances of rebate from TDS to him?

No chance of rebate.

As per section 195,,yes

Originally posted by : Paras jain
	if audit is conducted for the first time for the individual who is making payment for the consultancy service then is there any chances of rebate from TDS to him?

if audit has been done 1st time, then he will be liable to deduct TDS from the next year only, not in the year of audit. 

Yes TDS Should be  deducted on Consultancy paid out side india @ 10%+2.5% surcharge +3%Education cess under section 195 of the income tax act 1961.

THANKS EVERYONE ..This is new information for me