TDS on Rent payments to NRI

This query is : Resolved

Rajat H (Querist)
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08 April 2021

I am paying 2 rent payments to an NRI couple . 50% to husband and 50% to wife in their joint NRO account. The individual payments per PAN are less than 5 lacs p.a.

1. Do I need to file 15CA every month for each rent payment, even though I am crediting the rent to their joint NRO account?

2. Do I need the 15 CB in this case, as individual payments are less than 5 lac?

3. I have applied for the TAN but not yet got the number. Can I pay the rent (minus the TDS) without the TAN?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 April 2021 1 15CA not required as payment made to Indian Bank account.
2 No need of 15CB.
3 yes, deduct TDS and remit when TAN alloted. TDS applicable at 30% plus 4% cess on tax.

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