We are a partnership firm subject to tax audit. We will soon enter into a rent agreement for a property.
Landlord is citizen of Canada, but has a PAN and holds an NRO account in India
Rent amount is Rs 1.5 lakh per month
My understanding is since it is a payment to a non-resident, TDS should be deducted at 30% + 4% Cess = 31.2%
But how to file the return? Can we do a simple TDS return upload like we do for rent to a resident landlord?
And payment will be from domestic current account to NRO savings account. Will we have to get 15CA/CB?
Thanks for your input
CAclubindia
