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Check Here Complete TDS Rates Here: Category B - When Recipient Is Non-Resident OR Foreign Company

The document discusses tax deduction rates for non-resident or foreign companies in Category B. It notes the applicable tax deduction sections and rates, and exceptions for declarations in Form 15G/15H or a lower tax certificate from the Assessing Officer in Form 13. It also mentions a specific exception for royalty payments by the government or Indian concerns for copyright or software transfers to an Indian resident.

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Siva Krishna
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42 views2 pages

Check Here Complete TDS Rates Here: Category B - When Recipient Is Non-Resident OR Foreign Company

The document discusses tax deduction rates for non-resident or foreign companies in Category B. It notes the applicable tax deduction sections and rates, and exceptions for declarations in Form 15G/15H or a lower tax certificate from the Assessing Officer in Form 13. It also mentions a specific exception for royalty payments by the government or Indian concerns for copyright or software transfers to an Indian resident.

Uploaded by

Siva Krishna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

CATEGORY B – WHEN RECIPIENT IS COPA

NON-RESIDENT OR FOREIGN
COMPANY
Check here complete TDS Rates
here
Notes :
1. Under sections 192 tax is deductible
from salary. The payer shall calculate
salary taxable in the hands of
recipient. The amount so determined
is subject to tax deduction under
sections 192. Under sections 192A, tax
is deductible on taxable accumulated
balance of provident fund. Under
section 195, tax is deductible only if
income is taxable in the hands of
recipient in India. In any other case,
gross payment or credit (without GST,
if GST is shown separately) is subject
to tax deduction.

2. In Category B, tax is deductible at


the above rates or the rates specified
in ADT agreements entered into by
the Central Government under section
90 (whichever is lower) [ section
2(37A)(iii)].

3. Tax is not deductible under section


192A, section 193, 194, 194A, with
effect from 1/6/2017 194D, 194DA,
194-I, or 194EE if the recipient makes
a declaration in Form No. 15G/15H
under the provisions of section 197A.

4. Under section 197 the recipient can


apply the Assessing Officer in Form
No. 13 to get a certificate of lower/no
tax deduction. This benefit is,
however, not available if tax is
deductible under section 192A,
section 194B, 194BB, 194E, 194EE,
194F, 194-IA, 194LBA, 194LB, 194LC,
196B, 196C or 196D.

5. Royalty payable by Government or


an Indian concern in pursuance of an
agreement made by non-resident
with the Government or the Indian
concern after March 31, 1976, where
such royalty is in consideration for the
transfer of all or any rights (including
the granting of a licence) in respect of
copyright in any book on a subject
referred to in the first proviso to
section 115A(1A) to the Indian
concern or in respect of computer
software referred to in the second
proviso to section 115A(1A), to a
person resident in India.

PCA-Profit centre Accounting

Two dimensional analysis Multidimensional analysis


It collects the data from both P&L and P&L analysis
B/S
Return on investment possible We can able to do the contribution
analysis at any distribution level
Return on investment is not possible
For analyze the cost & revenue we use We are using different structure to
G/L / Cost element analyze cost & revenue

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