Table [For Payments to Non-Resident]-Interest or Other Sum Payable to a Non-resident

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....ment Recipient Deductor Rate of TDS 17 Any interest (other than interest covered under Serial Nos. 2, 3, 4 and 5) or any other sum chargeable under the provisions of this Act, other than income chargeable under the head "Salaries" Non-resident (other than a company) or a foreign company Any person Rates in force Scope of the provision This clau....

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.... company; or • a foreign company. Rate of deduction Tax is required to be deducted at the rates in force. The expression "rates in force" refers to the rates prescribed under the Income-tax Act or the rate provided under an applicable agreement referred to in section 159, where such rate is more beneficial to the payee and the prescribed conditions are fulfilled. Thresho....

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....ligation applies irrespective of whether the non-resident payer has- • a residence, place of business or business connection in India; or • any other presence whatsoever in India. Thus, the liability to deduct tax is not dependent upon the existence of a business presence or establishment of the payer in India. Practical distinction • This is the ....

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....articulars Section 393(2), Sl. No. 17 (Income-tax Act, 2025) Section 195 (Income-tax Act, 1961) Nature of payment Interest (other than that covered under Serial Nos. 2-5) and any other sum chargeable under the Act, excluding salary Interest or any other sum chargeable under the Act (other than salary) payable to a non-resident Recipient Non-resident (other....