TaxTMI 
TaxTMI 
Section 393(2); Table [For Payments to Non-Resident] - Interest or Other Sum Payable to a Non-resident
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.... payment 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 ....
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....an a company; or • a foreign company. Rate of deduction Tax is required to be deducted at the rates in force. Threshold limit No threshold limit has been prescribed. Accordingly, every payment of income chargeable under this clause is liable to deduction of tax at source. Note 3(a)---Time of Deduction for Certain Interest Payments Note 3(a) provides that w....
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....dependent upon the existence of a business presence or establishment of the payer in India. Practical distinction • This is the general or residuary TDS provision for payments to non-residents. • Covers interest (other than that covered under Serial Nos. 2-5) and all other sums chargeable to tax, excluding salary income. • Tax is deductible at the ra....
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....y Interest or any other sum chargeable under the Act (other than salary) payable to a non-resident Recipient Non-resident (other than a company) or foreign company Non-resident (other than a company) or foreign company Person responsible to deduct tax Any person Any person Rate of TDS Rates in force Rates in force Threshold limit ....