Tds On Foreign Payments For Royalty Without Pan

watch_later 3 years, 4 months ago

One of client need to pay royalty fee (Software) to its foreign supplier.

Foreign party does not have PAN, however foreign party has TRC and other documents.

At what rate tax should be deducted?

As per section 206AA, if party does not have PAN then tax should be deducted at 20% or 10% as per section 195?

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