Non-resident payment taxability determines the taxable proportion for withholding certification after domestic law and treaty examination. Determination of the appropriate proportion of a payment chargeable to tax allows a payer to apply in Form No. 129 for specification of the taxable ... Summary
Non-resident payment taxability determines the taxable proportion for withholding certification after domestic law and treaty examination.
Determination of the appropriate proportion of a payment chargeable to tax allows a payer to apply in Form No. 129 for specification of the taxable component of a payment to a non-resident. The Assessing Officer examines taxability under domestic income-tax law and any applicable Double Taxation Avoidance Agreement. If only part of the payment is taxable, a certificate permits tax deduction on that proportion. The certificate is limited to the named non-resident and specified tax-year period and may be cancelled before expiry.
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