Goa Seminar June 2014. Residential programme in Goa. Payment to Non-Resident – Case Studies. Case Study – 1 : Facts.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Goa Seminar June 2014
Residential programme in Goa
Payment to Non-Resident – Case Studies
Case Study – 1 : Facts
Case Study – 1 : Queries
Assuming the payment is subject to WHT as per Income Tax Act and also as per DTAA (Article 12).
What is the rate of WHT is applicable on this transaction ?
In case A.Co chooses to gross up the WHT, what will the rate of WHT (Rate as IT Act or DTAA) for grossing up ?
What is the date of remittance of WHT to Govt ?
What is the applicable exchange rate for WHT purpose?
If A does not withhold tax, will it be assesse in default for $125 or $25 ?
Do you advise B to apply u/s 197 to tax dept to get a benefit tax withholding on an amount $ 25 instead of $125 in light of recent Instruction No.2/2014 dat.26/02/2014 ?
Case Study – 2 : Facts and query
Case Study – 3 : Facts
Case Study – 3 : Queries
Case Study – 4 : Facts
Case Study – 4 : Queries
Case Study – 5 : Facts and query
Case Study – 6 : Facts and query