sir i am payment to, non resident, company against "one time purchase Fees " in USD how much tds will be desucted ?
rate and under section ?
Menu
TDS Rate & section ?
Replies (6)
Purchase then TDS not applicable...
Ok sir if its fees than ?
Fees means...?
Elobrate Your query with more details...!
Elobrate Your query with more details...!
Professional fees paid to forein company
Ordinarily subject to TDS @ 10% plus cess or surcharge as applicable but if DTAA or any other provisions attract as the case may be there may be non applicability of TDS.
Since the payment of professional fees is not to a resident Indian, section 194J @ 10% won't apply.
The applicable section will be 195 (where TDS @ 30% maximum ) however subject much to DTAA provisions.
Recent Topic
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
Related Topics
CAclubindia
