Tds is apply to nri

This query is : Resolved

srinivas (Querist)
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21 January 2013 SIR,

MR X WAS WENT TO US IN FEB 12, NOW Y HAS TO PAY INTEREST (RS15000), TDS IS APPLICABLE OR NOT . WHETHER TO NRI IS EXEMPTED TO TDS

ADVANCE THANKS SIR,

CA bhargava

CA bhargava (Expert)
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21 January 2013 TDS is payable irrecpective of the residential status.,
and if NRI doesnt have a pan card then the rate of tax is 20%

and while remiting the money you need to apply in form 15ca and take a CA certificated in form 15CB

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