TDS ON PAYMENT TO NON RESIDENT

We have a client he is a software developing company he recives software services from outside india, should TDS be deducted or not .

Replies (2)

Yes. TDS is to be deducted u/s 195 @ 10%.

 

Regards,

Devendra K

The rate under income tax act for the same is 10.5575% if the foreign Company has PAN and 20% if the foreign Company doesn't have a PAN.

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