Tds on rental amount (nri)

Hi Experts,

Our client's private limited company wants to take an apartment for rent. This apartment was purchased by an Indian (but now she is an NRI), who is having PAN and purchased it through the India's bank loan. Now, our question is, whether our client need to deduct the TDS 10% (Indian) or 30.9% (NRI). The agreement will be signed by the landlord's mother (Indian) having General Power of Attorney.

Please reply us immediately. Thanks in advance.

Replies (3)
TDS shall be liable to deduct Reason for this - NRI is liable to pay tax on income which is generated in India, If the property is outside India then TDS will not be livable.

Dear Mr. Raj Kumar,

Thanks for your response. The property is located in India. Please let us know whether TDS is 10% or 30.9%.

Mr Prasad, TDS rate shall be 30.90% In addition to this, Form 15CA/CB shall be required to be furnished online to the deptt. to give effects of the validity of this transaction.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details