About this document
TDS Guidelines for Foreign Remittances by Aditya is a document available to read on EtoBox.
(1) TDS must be deducted on payments made to non-residents per Section 195 of the Income Tax Act at prescribed rates. (2) Form 15CA must be filed for all foreign remittances except small exempted payments along with Form 15CB from a chartered accountant. (3) The applicable TDS rate will be the domestic rate, lower DTAA rate if beneficial, or 20% if PAN is not provided as per Section 206AA.
- Author
- Aditya
- Language
- EN