15g or tds
This query is : Resolved
20 March 2013
Sir,
x pays interest to y . y was went to usa
2 years back. x is audit case. since 4 years. x pays interest to y Rs.25000/-. y is ready to give 15G .
is he eligible to give 15G OR NOT, BECAUSE HE IS NRI. OTHER WISE X SHOULD DO TDS
x pays interest to y . y was went to usa
2 years back. x is audit case. since 4 years. x pays interest to y Rs.25000/-. y is ready to give 15G .
is he eligible to give 15G OR NOT, BECAUSE HE IS NRI. OTHER WISE X SHOULD DO TDS
21 March 2013
NRI are not eligible to file form 15G.
22 July 2013
Yes you have to deduct TDS and deposit it accordingly.
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