banner_ad

Rent Free Accomodation - Overseas

334 views 1 replies

Can an employer pay rent of house taken for its employee in foreign country?

Will that be considered as a perquisite for the employee?

What will be the TDS and GST implications on rent paid to foreign landlord by the company?

Replies (1)

Yes, an employer can pay rent for a house taken for its employee in a foreign country. However, it may be considered a perquisite for the employee, depending on the circumstances. Perquisite implications: - If the rent is paid for the employee's benefit, it may be considered a perquisite. - If the rent is paid for business purposes (e.g., a branch office or guest house), it may not be considered a perquisite. TDS implications: - If the rent is paid to a foreign landlord, TDS may not be applicable. - However, if the rent is paid to an Indian resident or an Indian company, TDS may be applicable under Section 192 (salary) or Section 194-I (rent). GST implications: - GST may not be applicable on rent paid to a foreign landlord. - However, if the rent is paid to an Indian resident or an Indian company, GST may be applicable. Additional considerations: - Consult a tax professional or chartered accountant to determine the specific tax implications based on the circumstances. - Ensure compliance with foreign exchange regulations and tax laws in the foreign country. - Consider obtaining a tax exemption certificate or withholding tax certificate, if applicable.  compliance with tax


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details