Query regaerding tds
richa (ca-ipcc) (109 Points)
26 November 2013
if non resident deposits his income in any bank in india will his income be subject to tds?
1 Replies
CA VIRAL SANGHVI
(Finance head)
(681 Points)
Replied 26 November 2013
Tds is deducted by the paying party and not bank.
so, when you depoisit the income in bank it is not subject to TDS.
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