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Tds on rent

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....ds on rent<br> Query (Issue) Started By: - tapuriahmadhu Dated:- 2-4-2008 Last Reply Date:- 3-4-2008 Income Tax<br>Got 1 Reply<br>Income Tax<br>Is it necessary for an salaried individual to deduct tax....

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.... at source on payment of rent @ Rs 50,000 per month to an NRI? Reply By V Ramanujam: The Reply: Payment of any sum to the Non-residents would attract TDS u/s 195 and deduction is to be made when any....

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.... person for paying to non-resident any other sum is required to deduct tax at source, if the amount is chargeable under the Income tax Act. Thus, I feel that in respect of the rent amount paid by you ....

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....to NRI, TDS is applicable u/s 195 at the rates prescribed in the Act or DTAA (if any) whichever rate is beneficial.<br> Discussion Forum - Knowledge Sharing ....