Any person (resident or non-resident) who pays any sum other than salary to a non-resident is required to deduct tax under this section.
Further, if the payee doesn’t have a PAN then rate could be rate as per the law in force or 20% whichever is higher.
No such exemption is provided in this section.
Ans. DTAA is an agreement between the 2 countries. This agreement provides benefit that the income is taxed once. The assessee has to file form 10F and self declaration to person responsible for deducting tax.
Ans. As per the section 195 where payee does not have a valid PAN then TDS rate is the rate prescribed under chapter XVII B or 20% whichever is higher.
Ans. Tds on purchase of property from non resident is deducted in section 195. When purchase on property from non resident tds is deducted on capital gains not on the sale prices .
Ans. Section 194J for resident payee and Section 195 for non resident payee
Ans. If the main income is income from dance performance than income is shown in profession and if main income is other than income from dance performance then income shown in other sources.
Ans. Tax residency certificate is required from the resident country tax authorities to claim relief under DTAA
Ans. TAN is necessary to deduct TDS. you must apply for the TAN.
Ans. The following details shall contains in TRC
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