TAN requirement

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)
Quick Summary
This discussion explores whether a Tax Deduction and Collection Account Number (TAN) is required when an individual pays rent exceeding £50,000 per month to a non-resident owner. While Section 194IB typically applies to resident landlords, the scenario shifts to Section 195 for non-residents, which generally necessitates a TAN. The complexities arising when the non-resident owner lacks a PAN are also considered.

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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details