Regarding Payment of Rent by Resident to NRI
This query is : Resolved
09 June 2025
Respected Colleagues,
If Resident tenant pays rent to NRI landlord above 50k per month, then what are the compliances due under Income tax act from the tenant point of view like Form 15CA, Form 27Q (TDS) etc................Please guide
If Resident tenant pays rent to NRI landlord above 50k per month, then what are the compliances due under Income tax act from the tenant point of view like Form 15CA, Form 27Q (TDS) etc................Please guide
10 June 2025
Deduct TDS as per sec. 195 IT act & file relevant returns.
Pay the amount by cheque or DD, or bank transfer to his/her NRO account. No need to file form 15CA/CB.
Pay the amount by cheque or DD, or bank transfer to his/her NRO account. No need to file form 15CA/CB.
10 June 2025
ok thank you sir for your valuable feedback....
But Sir in which case Form 15CA is must filed because on some websites mentioned form 15CA is required to be filed in case payment to NRO account of NRI? or if payment made to indian bank of NRI, then what are the compliances?
But Sir in which case Form 15CA is must filed because on some websites mentioned form 15CA is required to be filed in case payment to NRO account of NRI? or if payment made to indian bank of NRI, then what are the compliances?
10 June 2025
FORM 15CA/CB required to be filed in case you are making overseas payment or to any NRE account. When paid to any local bank's NRO account via bank transfer or through cheque, only TDS deduction is mandated.
10 June 2025
ok Sir thank you............
10 June 2025
You are welcome.
28 September 2025
Good luck.....
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