banner_ad

Rent to NRI

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 July 2010 Dear Members,

The query is
1) My client is a NRI and he receives rent in India ie directly credited to his account in India. So what is the rate of TDS and pls also give me the revelant section

Thanks in Advance

30 July 2010 TDS is required to be deducted by the Tenant u/s 195. The Tenant can approach the Foreign Section of Tax Department to determine the TDS amount under this section.

Alternately, your client can also approach the assessing officer assessing his income in India for a certificate for a lower rate of tax to be deducted if his India Income Tax liability will be lower than prescribed deduction.

Normaly the tenant will have to deduct from the total gross payment on which the income is subject to tax in India 30% as TDS + applicable cess and surcharge if your client is Individual or HUF. In this section 195 cess is still payable.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details