Tds

Hello Sir,

Good morning. i am a french national  of indian origin. i'm going to rent my house for a commercial purposes from mi feb 2016. the rent income is 40000 INR/month. How much percentage ll be applied for TDS for NRI. in case if i split my rental and amnities .What percentage will be applied.?

If i invest the income for my children, will there be any deduction applied on TDS?

Please kindly advice me.

Thanks

Madavane

 

Replies (1)

Dear sir,

           You can apply for the low dedcution certificate with the income tax department.

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