Requirement of Form 15CA CB - Rent payment
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21 March 2026
Dear Sir,
Mr. X is an NRI owner of a flat located in Mumbai. Ms. A is a tenant who will pay a monthly rent of Rs. 70000/- into the owner's NRO account. She will deduct TDS at 31.2% and will deposit it before the 7th of the next month, also will file the quarterly 27Q TDS return.
My query is:
1) Is Ms A required to generate Form 15CA and 15CB for each monthly rent payment, even though the rent will be paid into an NRO account?
2) What are other precautions to be taken in rental payment to NRI Owner?
Kindly guide.
Regards
Suraj
Mr. X is an NRI owner of a flat located in Mumbai. Ms. A is a tenant who will pay a monthly rent of Rs. 70000/- into the owner's NRO account. She will deduct TDS at 31.2% and will deposit it before the 7th of the next month, also will file the quarterly 27Q TDS return.
My query is:
1) Is Ms A required to generate Form 15CA and 15CB for each monthly rent payment, even though the rent will be paid into an NRO account?
2) What are other precautions to be taken in rental payment to NRI Owner?
Kindly guide.
Regards
Suraj
22 March 2026
✔ No Form 15CA/CB required for rent paid to NRO account
✔ TDS u/s 195 @ 31.2% mandatory
✔ Full compliance with 27Q + Form 16A required
✔ 15CA/CB may arise only when money is repatriated abroad
✔ TDS u/s 195 @ 31.2% mandatory
✔ Full compliance with 27Q + Form 16A required
✔ 15CA/CB may arise only when money is repatriated abroad
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