TDS ON FOREIGN COMPANY

Its a query regarding tax deduction at source on the services provided by a foreign company. As per an agreement between an indian proprietorship firm and a foreign company, that the company providing consultancy services to the firm and for that services he they amount ?

Question:-
1. I want to know that whether the amount paid by us is an fees for professional services or commission, for his consultancy services ?

2. Please suggest the rate of TDS which we should have deducted on the payment made by us whether for professional services or commission ?

Thanks & Regards

Replies (1)

Yes you have to payment for Professional Service.

you have deduct tds u/s 195 @ 10.30 % if foreign company provide pan. otherwise it will be 20 % + Cess & She Cess.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details