Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Payment to non dtaa country

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sirs I am R.Manish , working as a accountant in a Forwarding company(Logistics). Being as a forwarer we remit money to foreign customers and get inward from them. I have a doubt in payment made to a NON Dtaa Country. i want to know what are issues if the payment is made to a NON Dtaa Country. i want to make a payment for the customer in Latvia, which is non dtaa.. Amt is USD 3200 a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... round... await for ur reply. Manish - Reply By CA Rachit Agarwal - The Reply = In absense of DTAA, the tax will be levied as applicable to the Non- Resident. Nature of payment is to be understood and implications of Section 195 alongwith the chargeability Section 9 of the Income Tax Act, 1961 to be gone though. Untile the purpose of payment and nature of payment, it would be difficult to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ascertain whether the remittance would be chargeable to income tax. - Reply By Manish Kumar - The Reply = Dear Sir Thanks for ur suggestion. I need some more answer for few of my questions Below. This time my payment country is Benin. Amt is USD 740 Purpose of Payment : Freight Charges or Delivery Charges. want to know any tds rate is applicable for this or % of tds rate % o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n which amount. Advance thanks for ur reply. - Payment to non dtaa country - Query Started By: - Manish Kumar Dated:- 2-3-2011 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates