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TMI BlogApplicability of TDS provision on Non-Corporate Non-Resident or Foreign CompanyX X X X Extracts X X X X X X X X Extracts X X X X ..... accrue or arise in India if services are rendered in India. Therefore, employer required to deduct withholding tax u/s 192, at the rate in force for the financial year. 192A Withdrawal from employee's provident fund On premature taxable withdrawal from employee's provident fund scheme Rate - 10% Time - At the time of payment of accumulated balance due to the employee. Non-Applicability - If ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ner (who is not a citizen of India) 194G Commission, remuneration or prize on sale of lottery ticket Rate - 5% on amount exceeding ₹15,000 Person responsible for paying to any person, who is or has been stocking, distributing, purchasing or selling tickets, any income by way of commission, remuneration prize on lottery tickets. 194LB Interest payable to non-resident by an infrastructur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me in respect of units of investment fund to non-resident unit holders Rate - 30% other than Company 40% Foreign Company 194LBC Income in respect of investment in securitization fund Rate - 30% other than Company 40% Foreign Company 194LC Income by way of interest by an Indian specified company to a NR/FC on foreign currency approved loan / long-term infrastructure bonds from outside India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #8377;20 lakh but up to ₹1 crore or 5 % on withdrawal amount exceeds ₹1 crore. 195 Payment of any other sum to non-resident Any person responsible for paying interest (other than interest referred to in Section 194LB or Section 194LC or Section 194LD) or any other sum chargeable to tax (other than salaries) to a non-resident or foreign company Time of deduction - At the time of cr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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