I am a participant on an online website, where you enter into contests where you suggest names for businesses, and if you win, you get paid.
I am based in India. I have just won my first contest, and for withdrawing my balance, the website (being a US company) is asking me to fill out the W8-BEN form.
Now, I'm not sure if I need to fill out point 10, which deals with Special rates and conditions, where the beneficiary claims rebate using some Article number from the US-India double taxation avoidance treaty. Do I need to fill this? Should I fill in Article 15 (Independent Personal Services) of the US-India Tax Treaty and claim 0% withholding?
Or is filling in point 9 (which specifies that I'm a resident of India which has a treaty with the US) enough?
If I do not fill out point 10, will any taxes be deducted?
Any help would be appreciated.