how we can calculate the withholding tax for company? who
will bear the tax?
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The term With holding Tax has same meaning as that of TDS.
in India, if a company pays any fee, royality, commission
or brokerage to a person who is not a resident, then the
company shall deduct with holding tax according to rates
prescribed by DTAA (Double taxation Avoidence Agreement)
and shall remmit such tax to the government treasury
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Answer / ravi
it is the tax system which is followed by u.s the company
will bear the tax
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