Whether TDS needs to be deducted on interest on Non-Resident Deposits?

Interest earned by a Non Resident Indian (NRI) from the NRO deposits is taxable in India as per the provisions of Sec 9(1)(V) of the Income Tax Act, 1961 and TDS has to be effected as mentioned in the Finance Act. The rate at present is 30% plus surcharge and Education Cess. However, deduction of TDS depends upon the country of residence of the depositors and based on DTAA (Double Taxation Avoidance Agreement) entered into by the Government of that country with Government of India. Form No.15G/15H shall not be accepted in the case of NRO a/c holders.