Query on TDS applicability for rent paid to NRI by an individual tenant. Expert confirmed TAN is mandatory and there is no basic exemption limit. TDS is generally applicable at 30% plus 4% cess unless a lower deduction certificate or DTAA benefit is available.
12 January 2026
Rent paid to NRI by individual tenant. Whether TAN number is to be obtained by Indian individual tenant ? As I know that there is no basic limit of rent paid to NRI . correct ?