TaxTMI 
TaxTMI 
TDS on foreign payment+ section 206AA
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....DS on foreign payment+ section 206AA<br> Query (Issue) Started By: - Naveen Jain Dated:- 3-4-2013 Last Reply Date:- 4-4-2013 Income Tax<br>Got 2 Replies<br>Income Tax<br>Dear All, Please confirm the ....
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....tds rate in following situation As per Budget amendment tds rate for foreign payment in respect of fee for technical service is 25%, DTAA rate for Polland is 22.5% and foreign party does not have PAN....
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.... so applicability of Section 206AA. In that situation what is the rate of TDS????????? Regards CA. Naveen Jain Reply By Ametek Instruments India Private Limited: The Reply: Section 206AA, provide....
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....s that in the absence of PAN TDS to be deducted at higher of: (i) at the rate specified in the relevant provision of this Act; or (ii) at the rate or rates in force; or (iii) at the rate of twe....
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....nty per cent. In the present case the TDS deduction has to be at 25%. Reply By Naveen Jain: The Reply: Thanks for your valuable opinion. One more query: On 25% should surcharge, Education Cess and....
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.... higher Secondary Cess applicable or not? As Section 206AA not mentioned for surcharge and education cess.<br> Discussion Forum - Knowledge Sharing ....