Tds on rent to nri
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 November 2011
Pl. adivse,
TDS on rent payable to NRI
is deductiable u/s 194 I or
to be deducted u/s195
if deducted u/s195
is form 15CB to be filed..
Alternatively
if the rent is paid to PA holder
the payee is PA holder or NRI?
Experts pl. comment
TDS on rent payable to NRI
is deductiable u/s 194 I or
to be deducted u/s195
if deducted u/s195
is form 15CB to be filed..
Alternatively
if the rent is paid to PA holder
the payee is PA holder or NRI?
Experts pl. comment
sivadas chettoor
(Expert)
03 November 2011
Section 195 governs the situation. Sec 195 specifically applies to NR and being a special provision would prevail over the general provision in 194I.needless to say all the conscequences u/s 195 shall follow.
siva208@yahoo.com
siva208@yahoo.com
CA. Anuj Gupta
(Expert)
03 November 2011
TDS shall be deductable under sec 195 and rate shall be 30.9%.
Yes, Form 15CA and CB need to filed/obtained.
Even if rent is paid to PA holder ultimately payee is NRI and even then the TDS shall be deductible @ 30.9%.
Anuj
+91-9810106211
femaquery@gmail.com
Yes, Form 15CA and CB need to filed/obtained.
Even if rent is paid to PA holder ultimately payee is NRI and even then the TDS shall be deductible @ 30.9%.
Anuj
+91-9810106211
femaquery@gmail.com
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