10 February 2011
Dear All Pleas through some light on this query.. One of our client has to make Rent Payment to NRI. Property situated in India and Cheque is deposited in Local Banks (personal A/c) in india in INR. What is the rate of TDS? Is it 10% U/s 194I or 30.90% U/s 195?? If it is U/s 195, do we have to obtain 15CB and file Form 15CA?? If NRI is in US, whether any special rates applicable Under DTA?? Pls clarify
10 February 2011
Dear All Pleas through some light on this query.. One of our client has to make Rent Payment to NRI. Property situated in India and Cheque is deposited in Local Banks (personal A/c) in india in INR. What is the rate of TDS? Is it 10% U/s 194I or 30.90% U/s 195?? If it is U/s 195, do we have to obtain 15CB and file Form 15CA?? If NRI is in US, whether any special rates applicable Under DTA?? Pls clarify
Dear All Pleas through some light on this query.. One of our client has to make Rent Payment to NRI. Property situated in India and Cheque is deposited in Local Banks (personal A/c) in india in INR. What is the rate of TDS? Is it 10% U/s 194I or 30.90% U/s 195?? If it is U/s 195, do we have to obtain 15CB and file Form 15CA?? If NRI is in US, whether any special rates applicable Under DTA?? Pls clarify
CAclubindia
