Poonawalla fincorps
Poonawalla fincorps

TDS ON USA NRI

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 May 2011 I AM NRI AT USA (KELIFORNIA) I AM GETTING RENT ON MY PROPERTY AT GURGAON WHAT IS THE TDS RATE APPLICABLE ON MY RENTAL INCOME

26 May 2011 The rate shall be 30.9% if the rent is less than 1 crore.

Also the rental income shall be taxable both in India and USA and USA shall give credit for TDS deducted in India.

Also you can remit the whole rent received after TDS from your NRO account.

Anuj
0-9810106211



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries