What is the meaning & definition of "THRESHHOLD LIMIT" in
TDS?
Answer Posted / t
minimum amount on which tds has not to be deducted,
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How to calculate the TDS
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
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