TDS for rent non resident
Senthil (Working) (65 Points)
17 March 2019
If i pay a rent for non resident person what is the% of tds and under which sec
Taxadvisorsmumbai
(Proprietor)
(51 Points)
Replied 18 March 2019
TDS will be deduct @ 30% as per section 195 of IT act plus cess @ 4% total 31.2%. and need to file Form 15CA for the remittance, and if payment in financial year is more than Rs. 5 lacs in a year then need to file Form 15CB also.
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