Can anyone let me know on the urgent basis,what is the rate of tds for the making payment to an NRI individual by a firm of india under the head "interest on other than securities (194A) ?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 06 April 2011
| 195(e) | Income by way of interest payable by Government/Indian concern on money borrowed or debt incurred by Government or Indian concern in foreign currency | 20% |
Neerav Karia
(Article Assistant )
(68 Points)
Replied 06 April 2011
and what if the loan is taken in indian currency >>??
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 07 April 2011
if nri has a pan and accounts in india then its 10%
CAclubindia
