Student paying House rent of Rs.50000 per month to NRI. Is TDS to be deducted? If yes then at what rate?
1 Replies
Sarthak Kumar Dash
(Student)
(232 Points)
Replied 23 June 2023
Yes, Tax shall be deducted under section 195 of the Act.
If individual then normal slab rate to NRI will be applicable including cess and surcharge, if any.
If individual then normal slab rate to NRI will be applicable including cess and surcharge, if any.
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