Nri tds return
This query is : Resolved
10 January 2013
IF NRI INVEST IN INDIAN COMPANY AS A LOAN FROM HIS NRO A/C AND TAKING INTEREST MONTHLY. THEN @ 20% TDS APPLICABLE ON INTEREST.
QUESTION IS--
1) WE HAVE TO MAKE RETURN FOR THIS, IF YES THEN HOW
2) IF THEY HAVE PAN NO. THEN WE CAN MAKE TDS RETURN FOR HIM, IF YES THEN SAME RATE IS APPLICABLE (e.i 20% TDS)OR THERE MUST SOME CHANGE IN THE RATES.
QUESTION IS--
1) WE HAVE TO MAKE RETURN FOR THIS, IF YES THEN HOW
2) IF THEY HAVE PAN NO. THEN WE CAN MAKE TDS RETURN FOR HIM, IF YES THEN SAME RATE IS APPLICABLE (e.i 20% TDS)OR THERE MUST SOME CHANGE IN THE RATES.
13 January 2013
NRI can't given loan to Indian Company.
Anuj
femaquery@gmail.com
Anuj
femaquery@gmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- FORM 26A APPLICABILITY
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
