tax deducted at source

[divya singh]

does payment for market research to non resident  is liable for deduction for t.d.s

[kalyanaraman Venkatraman]

Dear Divya Singh,

 

Double Tax Avoidance Agreement are available in Tax Management India Websites, please locate the country to where the remittance will be made. Hence, you can have the full details.

 

regards

 

raman

[CA Rachit Agarwal]

If the market research is the income chargeable to tax in India, then the TDS would be application.

As regarding the rates for TDS, the same would be equal to tax on foreign entities or as per DTAA of the country whichever is lower.

Further Form 15CA and Forms 15CB is also required at the time of making remittance to Non Resident.

[DEV KUMAR KOTHARI]

It is risky to reply on incomplete query lacking full facts and circumstances. The queriest are advised to have some preliminary study, and give his findings and then initiate discussion.

[CA Rachit Agarwal]

Dear Sir,

I have replied based on the facts incorporated in the querry.

Though I have replied based on querry, I have the case laws based on which reply is given.

AI Summary

Tax Deduction at Source: payments for market research to non-residents may attract TDS if income is taxable in India.
Whether payments for market research to a non resident attract Tax Deduction at Source depends on whether the fees are income chargeable to tax in India; if taxable, withholding applies at the domestic rate for foreign entities or the DTAA rate if lower, and remittances typically require Forms 15CA and 15CB.