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TMI BlogPAN for overseas consultantX X X X Extracts X X X X X X X X Extracts X X X X ..... PAN for overseas consultant X X X X Extracts X X X X X X X X Extracts X X X X ..... a overseas company to obtain PAN if they are going to send in their consultant to offer services in India for a period of 5 months? What are the implications of not obtaining a PAN? The company is a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Singapore company which has a double tax treaty with India. Reply By Rama Krishana: The Reply: In case the non resident receiving any income on which TDS (withholding tax) is required to be deducted, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... such non resident is required to have PAN. Otherwise, tds rates would be 20% Reply By Anuj Gupta: The Reply: If the foreign company which is located in Singapore sends their employees to India for a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... period of more than 90 days in fiscal year then the foreign Company shall be forming a service PE in India and then the income so paid to the foreign company shall be chargeable u/s 44DA of I T Act,19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 61.The foreign party has no escape route in the India Singapore Treaty also and is also chargeable for the same under Article 5 & 7. So kindly be careful in making payment of such type and I may sug ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gest the following steps: 1.Ask the Singapore Party to obtain PAN. 2. Then ask the Singapore party or Indian Party to obtain an order from ITO u/s 195 or 197 and then only make any payment based on th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at order. X X X X Extracts X X X X X X X X Extracts X X X X
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