TDS rate u/s 195

Hope the attached power point presentation may be of some use to you.

The rate may be either 20% or as per the DTAA Agreements and you need to take form no.15CA and 15CB from other Chartered Accountant duly authorised.

Dear ramya

Power point is of 2006

is there any chenges after 2006

Tax deduction shall be made at the time of credit or payment whichever is earlier. \if u r accounting for the I&C in 10-11, u have to deduct tax. Since, the amt is credited in March, u can pay tax to Govt. on or before 30th April.

Dear Heba 

thanks for your reply please confirm rate of TDS and procedure of TDS return

 whether provision for interest accrued but not due as on 31st march attract tds u/s 195

(withholding tax). the interest is payable to overseas banks.

kindly advise in detail