Dear Members

Is indian company required to deduct tax on payment of dividend to its non resident shareholders based in France? Or it depends on the DTAA between India and the overseas country.

If the DTAA allows the dividend to be taxed in France can indian company pay dividend with no withholding tax? If there is WT, will it be 10.4%.

Please advise.

Regards

CA CS Dipjyoti Majumdar