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Question ID : 29600

Interest / Rent to Non Resident

Mr.X, doing money lending business pays Rs.50000 as interest to a NRI. He pays Rs. 60000 also as rent to NRI . MR. X not subject to tax audit. Whether Mr. X should deduct TDS @ 30 percent for payment to NRI for interest and rent?

posted by ANAND B on Apr 26 2018 12:00AM

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