Query regarding TDS deduction on rent paid to UAE-based NRI property owner
This query is : Resolved
17 July 2023
I live in a rented flat in Noida, U.P., paying a rent of less than 2 lakhs per annum (INR). The flat owner is an NRI residing in Dubai, UAE. I understand that India has a Double Tax Avoidance Agreement with the UAE.
Please advise whether I, as a tenant, am liable to deduct TDS before paying rent every month to the NRI owner. If yes, then how much is the deduction and how should I go about the formalities of deducting and depositing this amount to the tax authorities? The rented flat is for residential use only.
Please advise whether I, as a tenant, am liable to deduct TDS before paying rent every month to the NRI owner. If yes, then how much is the deduction and how should I go about the formalities of deducting and depositing this amount to the tax authorities? The rented flat is for residential use only.
17 July 2023
Rate of TDS on rent paid to NRI landlord is at 30% +surcharge + cess u/s. 195 IT act.
You must apply for TAN and pay the TDS deducted to treasury by 7 th of next month positively.
Following payment you must complete Form 15CA and submit it to the Income Tax Department online.
You must apply for TAN and pay the TDS deducted to treasury by 7 th of next month positively.
Following payment you must complete Form 15CA and submit it to the Income Tax Department online.
Message likes :
1 times
17 July 2023
Thank you for your response. Are there any cases where exemption is available?
Message likes :
1 times
17 July 2023
Thank you for your response. Are there any cases where exemption is available?
Message likes :
1 times
17 July 2023
Yes, if the landlord can procure NIL TAX Deduction certificate u/s. 197 IT act, from his Jurisdictional ITO.
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
- CLOSING STOCK QUERY
- DUE DATE FOR ITR FILING
- GST ISD Query on various AMCs
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Short Term Gain Reporting ITR
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Rent claimed on building given on permissive possession basis
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
