Hi,
We have to make a paymnet to a foreign co. in USD for the professional services (Job portal services). Invoice is raised in USD and payment need to be made in USD. Now my question is do i need to deduct TDS on the payment? and if yes how do i need to file eTDS return with out PAN no.?
Thanks in advance,
VN
Payment to foreign co. is subject to tax treaty between india and such foreign co. If rate of Tds as per DTAA is less then rate of normal provision then such tax treaty rate is applicable .
now if you pay outside india then you have to deduct tds as per above mentioned provision and if PAN No. is not available then deduct TDS @ 20% and file tds return.
CCI
Pro
CAclubindia
