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TAN requirement

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Is TAN required for non audit cases of Individual ?

Rent payment per month exceeds 50000/- per month .

Owner of the property is non resident.

Is Tds applicable ?

Do we need TAN ?

What if NRI has no PAN ?
Replies (3)
Feel like it is based on practical issues.

As per my knowledge TDS is applicable under section ,194IB @ 5%
As per section 194IB, TDS is not applicable in the present case as the owner is not a resident.
Generally for 26QC TAN is not required.When we click on Owner status as NRI it says Section 195 is applicable.

So for Section 195 purposes TAN is required.


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