withholding tax
Kalpesh
(Querist) 17 September 2008
This query is : Resolved
Could you please let me know on your view applicability of withholding tax on following transaction:
Payment of guarantee issuance charges by branch in India to HO in France .
Payment of fees for arrangement for ECB by branch in India to HO in France
Whether this payment could be considered as FTS and tax @ 10% should be withheld as per India France tax treaty.
Guest
(Expert) 17 September 2008
It has to be witheld, the moment you say it is TS if it is other service then 30%