Rent payment to nri

This query is : Resolved

Neha Juyal (Querist)
Follow

18 March 2021 payment of rent to nri whose bank account is in India...at what rate tds should be deducted ?? Also requirement of 15ca or cb??

Spurto Consultancy Services

Spurto Consultancy Services (Expert)
Follow

18 March 2021 Since you will be making the remittance in India in Indian currency, Form 15CA & CB will not be required.

Deduct the applicable TDS rate of TDS and make the payment.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

28 October 2021 Tenants paying rent on properties owned by NRIs are required to deduct 31.2% tax at source and submit the aggregate amount to the tax authorities.
Upon payment, the tenant must fill-in Form 15CA and submit it online to the income tax department.
In this case, TDS is mandatory on the rent paid irrespective of the amount payable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Mukesh Singh

Angadi & Co

v.rama krishna

FCA. LAL BAHADUR SHASTRY GUBBA

MUNISH KUMAR

Subscribe Now

Rent payment to nri

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

CA Final

Manager- Finance and Compliance

GST CONSULTANT

Senior Executive

Accountant