Tds on payment made to nri

1. Yes there is liability for you to deduct TDS u/s 195 even if the cheque is deposited in NRO account in India.

2. TDS amount shall have to determined by a person qualified to deal in such situations as there are many rules and regulations to take care of.Or safely if the seller agrees you can deduct TDS on 20.6% of sale value.(in case of long term capital asset)

Form 15CA and 15CB is required as he payment is being made to a non-resident.

Anuj

+91-9810106211

femaquery @ gmail.com

dear sir,

if the rent receiver is nri how much tds is deducted and what is the section of deduction of such tds

30.6% is to be deucted u/s 195.

Anuj

I wanted to know the TDS rate for subscripttion payment of $1000 to NRI and Patent charges to NRI who has there branch in India having PAN

If the Branch in India doesn't have any corelation with the royalty and if the agreement is after 1.6.205 and if the NRI is having PAN then 10.51% otherwise 20% or 40% ,depending on the facts of the case.

Anuj

+91-9810106211

femaquery @ gmail.com

Hi sir,

Pls resolve the following query:

I sold one flat and collected the sold amount in the NRO account, now i want to trasfer Money From NRO to NRE but banker is asking for 15 CB/CA. i have some query  as folows:

1) if capital gain is there, need to deposit Tax on the Gain.

2) can i avail Slab benefit in case of none of my income is taxable at the time of submitting 15CB or when i submit ITR.

3) As i know the remitter and benefiicary will be same. is there requirment of TAN no.

Thanks

1. Yes.
2. yes.
3. no.

anuj

femaquery @ gmail.com