payment of rent to NRI
This query is : Resolved
Harikrishnan
(Querist)
01 June 2011
We are paying rent for a house property thru cheque to an individual who is an NRI. Pls advice whether we have to deduct tax from the payments made. Also at what rate we have to deduct it. Will there be any change if the amount is kept in India itself?
CA MANOJ GUPTA
(Expert)
02 June 2011
ANY INDIVIDUAL OF HUF NOT COVERED BY TAX AUDIT PROVISION IS NOT REQD TO DEDUCT TAX
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
Message likes :
1 times
CA. Anuj Gupta
(Expert)
02 June 2011
TDS shall be deductible @30.9% irrespective of payer being an individual or HUF.
No change if payment in rupees/foreign exchange or the money being kept in /outside India.
Anuj
0-9810106211
No change if payment in rupees/foreign exchange or the money being kept in /outside India.
Anuj
0-9810106211
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
