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 ?
Menu
TAN requirement
Replies (3)
Feel like it is based on practical issues.
As per my knowledge TDS is applicable under section ,194IB @ 5%
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.
So for Section 195 purposes TAN is required.
Recent Topic
- Doubt regarding the purpose of Section 52(3) of Co
- 112 A Filling
- Long Term Capital Loss in ITR2
- LOAN INTEREST BENEFIT ON NEW TAX REGIME
- Retirement funds under new tax regime
- GTA Annexure V Non Compliance
- Calculation of Demand due to interest u/s 220(2)
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
Related Topics
CAclubindia
