Chinnmay
Income Tax - Doubl Tax Avoidance
Chinnmay Shah 10 May 2021

Income Tax Act, 1961, Section 195(1) - Double Tax Avoidance Agreement - Payment to non- resident - Liability to deduct TDS - There is liability to make necessary deductions only if non-resident to whom payment made is liable to pay tax as assessee under Income Tax Act, and not otherwise - Tax deductor must take into consideration effect of DTAA provisions - After making deduction resident in India, would not then get any excess payment made by way of refund when regular assessment takes place, as nonresident assessee alone would be entitled to such refund.

Did you find this write up useful? YES 0 NO 0
Featured Members view all

×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.
×

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com