NRI monthly Rent Rs 7000/- Is there any Notified limit for NRI TDS.
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Tds u/s 195 rent
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There is no such prescribed threshold limit under the section 195, so TDS will be deducted from the entire amount/transaction/payment.
However, Under section 195(3), a non-resident can make an application to the income tax department for NIL deduction of Tax, if he/she fulfills certain specified conditions.
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