Hello, Please advise whether withholding tax U/s 195 needs to be deducted on following payment: Metal Expert News (individual subscripttion)
Location of the receiver is in USA and he has no permanent establishment in India.
Thanks & Regards
Menu
Withholding Tax U/s 195
Replies (1)
Hi Haresh,
As per clause (7) of DTA between India and USA, The profits of an enterprise of a Contracting State shall be taxable only in that State unless the enterprise carries on business in the other Contracting State through a permanent establishment situated therein. Since you have mentioned that there is no PE in India, there is no need to deduct any withholding tax. However, one has to take the practising CA certificate to this effect before making any payment.
Recent Threads
- About CMP -08
- RCM List on GST
- Resignation of Previous Auditor
- Summary of GST Notification 18/2025 (Effective 1 N
- Heard & Seen Around – Your Daily Economi
- ITC restriction for Food manufacturing units
- Consortium Partnership: GST and TDS query
- Luxury premium car - Lease or Loan
- Income tax act 40 A (3)
- Transmission of deceased's shares in physical form
Related Threads
CAclubindia
