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Deduction of TDS on interest by IT Department
Can Income Tax Department deduct TDS on interest paid to a non-resident assessee u/s 244A? If yes, under which section?
Replies (4)
Under section 195 as stated any payment made to non resident liable for TDS u/s 195
Thanks sir, one more query, at what rate they can deduct such TDS?
Any other income rate 31.2%
Thanks sir.
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