Withholding Tax - URGENT!!!

Yes.. Similar to TDS.. Section 195.. Same return and method of TDS deposit.. Issue TDS cert to foreign company..

For rate of TDS check article 11-Interest of DTAA between India and resident country of foreign comapny you've paid interest.. If PAN for FC is not available 20% is rate..

Hi Vishal,

Thats true, WHT is similar to TDS. As its payments made by Indian Company to Forgein Company, Indian Income Tax is applicable.

Thanks

Hemant