TDS on Royalty

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TDS on Royalty
Query (Issue) Started By: - kamal mall Dated:- 6-6-2015 Last Reply Date:- 18-6-2015 Income Tax
Got 1 Reply
Income Tax
As per amendment made in section 115A now in the case .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of non- resident taxpayer, where the total income includes any income by way of royalty and fees for technical services (FTS) received by such non- resident from govt. or any Indian company will deduc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t 10 % TDS instead of 25 %. Sir my question :- Since non- resident don't have PAN of Indian then section 206AA will be applicable so 20% TDS will be deduct. So as per my understanding, in any case 20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... % TDS will be deduct that means this provision is not so beneficial for NR. Reply By RAMA KRISHNA KNVS: The Reply: YOU ARE ABSOLUTELY CORRECT. Ultimately indian entities has to gross up the TDS part .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and pay the foreign service vendor due to low negotiating power.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X