TDS deduction - NRI Property on Rent
This query is : Resolved
Suvendu patnaik
(Querist)
16 June 2024
Hi
I need some advice, can you please help.
I am suvendu patnaik and i live in Germany currently. I am an NRI and want to rent my flat in hyderabad in india to a tenant.
Since I am an NRI, the tenant will have to deduct TDS and its an administrative burden on him. So i want to rent my flat 1st to my brother who resides in india and my brother in turn can rent it out to the tenant. The TDS part now will be between myself and my brother which i am ok to manage.
Is this legally ok, can i go ahead with this arrangement, can you please help me with your advice on it.
Thanks
Suvendu Patnaik
I need some advice, can you please help.
I am suvendu patnaik and i live in Germany currently. I am an NRI and want to rent my flat in hyderabad in india to a tenant.
Since I am an NRI, the tenant will have to deduct TDS and its an administrative burden on him. So i want to rent my flat 1st to my brother who resides in india and my brother in turn can rent it out to the tenant. The TDS part now will be between myself and my brother which i am ok to manage.
Is this legally ok, can i go ahead with this arrangement, can you please help me with your advice on it.
Thanks
Suvendu Patnaik
CA R SEETHARAMAN
(Expert)
18 June 2024
It's legally not okay no burden of TDS deduction he can take help of some TDS expert with a nominal fee.
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