Hello Sir/Madam
A case is there plz help me. We have a client who is living in U.S.A. 4 year ago he booked a Flat with J.B Builder. He paid Booking Amt. Of Rs. 900000 INR.In F.y 2009-10 Booking was canceled by Builder. Builder paid him Rs. 900000 along with Intrest amount of Rs. 300000 on which he already deducted TDS @ 10%.My client already file d I.T.R, after that he deposite his money 120000 in NRO A/c, He wanna Trfr his above said amt. to USA in his us based A/c For this he need Form 15CB issued by C.A. in Form 15Cb there is a point of rate of TDS According to I.T Act & DTAA. my Question is what will be the TDS rate.is there any change in tax due to DTAA??/ Is he need Deposit Firther Tax?
Please Clearify. Waiting For Answer.
Thanks in Advance..
CAclubindia
