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TDS on Interest to NRI

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(Querist)
23 April 2009 We have to pay Interest on Fund borrowed in indian currency from NRI, whether TDS is applicable, if yes please tell us section

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Ankit Shah
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
23 April 2009 Pl refer section 195 and DTAA ,if any,executed by India and that foreign country.

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