Tds on rent

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 March 2013 Sir,IS TDS applicable if I take NRI property on rent,the payment would release by two cheques,one in favour of NRI and another in the name of an Indian.

Pls. advise.


14 March 2013 yes. since the property is situated in India, the income derived from it shall arise in India. TDS should anyways apply subject to relevant DTAA

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 March 2013 The rent of the property is Rs.19000/-pm

The property owner,NRI wants to receive the payment in two cheques like

In his name--------Rs.9,500/-

In his wife name---Rs.9,500/-

Pls. advise the TDS amount.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details