Dear Hari,
Thanks for your reply. I want you to please clarify the application of TDS in following two cases, Payment made in both the cases is in foreign currency made to resident by NR
1. Property(residence) for which rent is being given is situated in India.
2. Property (residence) for which rent was being paid is situated outside India.
As per simple interpretation of 194I, both the above cases will be covered under the 194 I. That means a Non resident, if paying rent for a property situated outside India belonging to a resident in India should deduct TDS and get itself registered in India and file the return of TDS and issue TDS certifictae.
As non resident making payment to resident is covered and there is nothing mentioned in regard to situation of property in section 194I.
Sec 194 I
Any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any income by way of rent
Thanks in Advance.
Regards
Amit Mehta