TDS ON RENT FROM NRI LANDLORD

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Account Assistant
24 Points Posted on 03 January 2020
What is the TDS rate on rent if we had taken office on rent from NRI landlord
please suggest..
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On 03 January 2020 at 18:35 Report
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When renting an office from an NRI landlord, TDS (Tax Deducted at Source) applies to rent payments. The standard TDS rate is 30% plus a 4% cess, totalling 31.2%. This deduction applies to each rent payment, regardless of the annual amount. Surcharges may also apply depending on the total annual payments.

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CA qualified
389 Points Posted on 04 January 2020

31.2% (30% + 4% cess) + Surcharge if applicable based on the aggregate of amounts payable in a year.

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On 04 January 2020 at 11:21
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17269 Points Posted on 04 January 2020
Irrespective of any aggregate amount , each rent payment invites TDS deductions under 195 @ 30% + 4% cess
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On 04 January 2020 at 13:42

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