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.
Message likes :
1 times
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
- House Property Reporting in ITR
- TDS Claim year
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- Merchant Export Accounting
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Lease agreement and tax on sale
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
