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Foregn remittance


18 February 2014 Sir
Inrespect of NRI settled in Canada wants to transfer Rs 5 Lakhs earned by him in India as rental income to Canada. Whether this attarct TDS and if so at what rate?.
Rgds

18 February 2014 yes TDS will be applicable.

19 February 2014 Thank you for the reply. Can you tell me the rate of TDS applicable in this case.If a relative in India wants to transfer from SB a/c to an NRI in Canada whether TDS applicable ?If applicable the Rate of TDS also please inform




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