Can anybody tell me the rate of TDS on intt recd on deposits made in a NRO bank account
1 Replies
Sunil
(Trader)
(2611 Points)
Replied 02 December 2009
30% + cess (Section 195). For section 195 only you have to continue applying cess and surcharge wherever applicable.Relief can be claimed for tax paid on this interest income at the country of residence.
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