payment of rent to NRI

This query is : Resolved

Harikrishnan (Querist)
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01 June 2011 We are paying rent for a house property thru cheque to an individual who is an NRI. Pls advice whether we have to deduct tax from the payments made. Also at what rate we have to deduct it. Will there be any change if the amount is kept in India itself?

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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02 June 2011 ANY INDIVIDUAL OF HUF NOT COVERED BY TAX AUDIT PROVISION IS NOT REQD TO DEDUCT TAX
CA MANOJ GUPTA
JODHPUR
09828510543

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CA. Anuj Gupta

CA. Anuj Gupta (Expert)
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02 June 2011 TDS shall be deductible @30.9% irrespective of payer being an individual or HUF.

No change if payment in rupees/foreign exchange or the money being kept in /outside India.

Anuj
0-9810106211

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