20 May 2023
Hi, which rate is to be applied for deducting tds on interest on ncd paid to non residents. Also can we collect form 15G/H from non residents.
20 May 2023
Sir, I have a query as can we charge 20% as when i check TDS rate chart under section 195 -"Income in respect of investment made by a Non-resident Indian Citizen" rate is given as 20%. Will interest on NCD come under this category should we deduct 30% +cess 0r 20% or cess
CAclubindia
