TDS

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RADHA KRISHNAN (Querist)
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30 October 2009 Sir,
what is the rate of T.D.S for freigt from 1-10-2009 if the Transporter is an individual and if he is a corporate

What is the rate of T.D.S for Rent if The deductee is N.R.I from oct-2010

Ram Avtar Singh

Ram Avtar Singh (Expert)
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30 October 2009 read by this link

http://www.simpletaxindia.org/2009/07/new-tds-rate-fy-09-10-after-budget.html

RADHA KRISHNAN

RADHA KRISHNAN (Querist)
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30 October 2009 Thank u for the message. received only rates for freigt.Let me know the rate of T.D.S of Rent given to N.R.I

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Satpal Singh

Satpal Singh (Expert)
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30 October 2009 TDS rate for transporter after 01.10.2009 is 2% for individaual and corporate.

TDS on rent paid to NRI is covered u/s 195 and i think the applicable rate for this is 30 % i.e. rate for other income