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Tds on rent paid to non-resident

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2015 Hi,

One of our client paid rent to a person's bank account who is Non-resident indian and had NRI account with indian banks.

My query is whether tds applicable on payment to NRI if applicable what is the rate of TDS?

Kindly provide your valuable comments in this regard.

Thanks in advance

Thanks and Regards,

Balamurugan G
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 July 2015 TDS applicable for NRI is 30.9% including cess, for lower rate of deduction you can apply to ITO.

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