Technology upgradradation scheme


24 July 2009 what is the TDS rate applicable in the case of Rent payable to a non-resident?

24 July 2009 Hi.
Please provide me the details of Technology upgradation Scheme of Govt of India with reference to Textile Industry. (mostly fabrics, woven sacks, looms etc.)
what are the subsidies provided by the Govt. and what other benefits are there.

Thanks

24 July 2009 NO TDS is applicable on rent paid to a Non resident if the property for which the rent is being paid is situated outside India as the source of income of the NRI in that case is not laocated in India. If the property for which the rent is being paid is located in India, the rate as applicable to a Resident will also apply to a resident. Currently being 15% and 20% depending upon the status of the non resident, i.e. company or individual.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details