banner_ad

TDS Deduction

This query is : Resolved 

20 May 2008 Hi
I need to know where TDS is to be deducted in following case or not?
NRI has invested money in India as Loan to a private limited company
He never comes to India and is settled in US
Whether Indian Company should deduct TDS on Interest payable to him ?
If yes at what rate and Under which section?
How do we give him TDS certificate? and how do we update it in TDS Return those details?
If no than is DTAA benefit available?
If DTAA is applicable what kind of paper work is required?

Its very urgent kindly reply ASAP

Thanks and Regards

Hema Desai


20 May 2008 Answered already

20 May 2008 is it possible to get non deduction certificate in form no 15c/15D in the above case and is there any time limit for the same

20 May 2008 In 15D, but on an application made by assessee u/s 197(1).

20 May 2008 In 15D, but on an application made by assessee u/s 197(1).


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details