TDS on salaries to non resident
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....DS on salaries to non resident<br> Query (Issue) Started By: - yogesh shah Dated:- 27-10-2011 Last Reply Date:- 28-10-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Sir, Suppose the Private Ltd Comp....
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....any situated in India pays the salary in Foreign Currencies i.e. in Singapore Dollar to the employee whose nationality is Malesia of Rs. 14000 per month net of taxes. Whether this company has to deduc....
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....t the tax if yes, at what rate. Also let us know whether the company has to furnish every month form CA and form 15CB for such remittance. Please provide us the detailed calculation sheet. You are als....
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....o requested to advise us whether deduction under section 80C is available or not for such NRI employee. Reply By Anuj Gupta: The Reply: Here the applicable section is 192 and not sec 195. Also the i....
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....mportant question is where the employee is posted or rendering his services , that only shall decide about taxability of such NR employee. Also if the salary is Rs.14,000/- net of taxes then there is....
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.... no liabilty of TDS as net income of NRI shall not exceed the minimum income not chargeable to tax i.e. Rs. 1.8 lakhs. Yes deduction u/s 80 C is available to NR employee. Anuj<br> Discussion Forum -....
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