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TDS ON LOAN TAKEN FROM NRI

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(Querist)
16 January 2009 We have taken a loan of Rs.5.00 lac from an NRI through cheque, whats the rate of tds on interest
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Jitender

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Jitender (Expert)
17 January 2009 lower of rate as per sec 195 of income tax act or provided in DTAA.

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