Tds on professional fees

TDS is definately deductible.........But whether rate as per DTAA are applicable or incometax act rate depends on many factors like nature of tranction, PE, entity holding valid TRC PAN etc.

So Better take professional advice or give each and every detail about the tranction and entity.

Regards

CA Kumar Ajay

cakumarajay @ hotmail.com

Sir,

Plz forward the rate of TDS on Professional Fee regarding foreign payment as Patent to Mr. Manjunath.

Your earlier action in this reagrd would be highly appreciated.

Originally posted by : PraKKash
	What about TRC Certificate???

If foreign company is from a country with which India has DTAA and that company has Indian PAN, they will provide you TRC.