kalpesh (CA) (34 Points)
06 August 2009
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7014 Points)
Replied 11 May 2011
| Originally posted by : kalpesh | ||
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1) Whether TDS is deductible on Royaly payable by indian company to UK based parent company ( Royalty on sales)? 2) As per DTAA with UK , whether TDS is exempted ? 3) Are there any rerstrictions on the amount of Rotalty on Sales? |
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Yes , @ 10.5575% if there is PAn otherwise 20%.
No TDS is not exempted.
No restriction under FEMA
Anuj
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