Tds on rent to nri

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 November 2011 Pl. adivse,

TDS on rent payable to NRI
is deductiable u/s 194 I or
to be deducted u/s195

if deducted u/s195
is form 15CB to be filed..

Alternatively
if the rent is paid to PA holder
the payee is PA holder or NRI?

Experts pl. comment

sivadas chettoor

sivadas chettoor (Expert)
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03 November 2011 Section 195 governs the situation. Sec 195 specifically applies to NR and being a special provision would prevail over the general provision in 194I.needless to say all the conscequences u/s 195 shall follow.

siva208@yahoo.com

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
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03 November 2011 TDS shall be deductable under sec 195 and rate shall be 30.9%.

Yes, Form 15CA and CB need to filed/obtained.

Even if rent is paid to PA holder ultimately payee is NRI and even then the TDS shall be deductible @ 30.9%.

Anuj
+91-9810106211
femaquery@gmail.com

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