Tds applicability on rental income

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..... Tax Deduction at Source is mandatory for rental payments exceeding Rs.1,20,000/- p.a. Kindly clarify (1) whether a non resident cum senior citizen who doen't have any other source of income can opt fo .....

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..... r nil deduction of tax by applying to the company/income tax authorities in the suitable form? If so, please indicate the form number also? (2) Whether the situation will be the same for resident cum .....

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..... senior citizen of india? - Reply By Surender Gupta - The Reply = Please refer to section 197, it allows the person whether resident or non resident to make an application before the AO for deduction .....

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..... of tax at source at lower rate or at nil rate. - Tds applicability on rental income - Query Started By: - CHITRA HARIHARAN Dated:- 11-4-2008 Income Tax - Got 1 Reply - Income Tax - Discussion Forum .....

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..... - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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