Poonawalla fincorp
Poonawalla fincorp

Payment to non resident

This query is : Resolved 
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(Querist)
11 October 2010
One of my friend is running a electronic shop on a rental building owned by an Indian citizen having an NRI status. The monthly rent is Rs.15000/-. What are the TDS provisions applicable in this case. Please explain in detail.

Thanks in advance

Santhosh PPN
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Bhargav

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Bhargav (Expert)
11 October 2010 TDS is deductible on full amount at 30% U/S 195

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