Tds
This query is : Resolved
29 January 2014
How to deal with TDS while buying immovable property in India from NRI?
Whether Section 195 or Section 115E is applicable?
Whether Section 195 or Section 115E is applicable?
29 January 2014
Dear Rakesh,
Its not a choice between 195 and 115E. 115E provides for the Tax rate...195 provides for deduction of TDS and doesn't provide any rates.
So you need to determine the tax liability under the taxing provisions read with DTAA and then deduct tax at appropriate rates under 195.
Its not a choice between 195 and 115E. 115E provides for the Tax rate...195 provides for deduction of TDS and doesn't provide any rates.
So you need to determine the tax liability under the taxing provisions read with DTAA and then deduct tax at appropriate rates under 195.
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