Tds on rent where property jointly owned by r & nri
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 May 2013
In the present case, Property in India is held jointly by husband & wife. Husband is a NRI residing in Dubai whereas wife is RESIDENT of India. This property is let out on rent.
I wish to know, whether should we deduct TDS u/s 195 (TDS on payments to NRI @ 30.9%) or u/s 194I (TDS on payment of Rent @ 10%)
I wish to know, whether should we deduct TDS u/s 195 (TDS on payments to NRI @ 30.9%) or u/s 194I (TDS on payment of Rent @ 10%)
Rupesh Jain
(Expert)
29 May 2013
@ 10% DUE TO PROPERTY IN INDIA
SO INCOME ARISE OR DEEMED TO BE ARISE IN INDIA
SO INCOME ARISE OR DEEMED TO BE ARISE IN INDIA
Message likes :
1 times
CA. Anuj Gupta
(Expert)
08 June 2013
If the funds are contributed jointly then it should be 30.9% for husband and 10% for wife.
Anuj
femaquery@gmail.com
Anuj
femaquery@gmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Capitalgain tax purposes for valuation report compulsory
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
