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Tds

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(Querist)
29 April 2011
29.04.2011
Dear Experts

One director of my company is NRI, and he gave us loan. When Interest will be given to him then what will be Tds Percentage?

Shomenath Pyne
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
30 April 2011 If money has been borrowed in foreign currency than rate of TDS will be 20.6 percent
otherwise it will be 30.9 percent

CA MANOJ GUPTA
JODHPUR
09828510543
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shomenathpyne

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shomenathpyne (Querist)
01 May 2011 Thank U very much.
For your kind guidance.
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