Rent received NRI in lieu displacement due to redevelopment of the building

Micheal Walter (Nil) (36 Points)

11 January 2025  

Greetings!

I am an NRI. My society will undergo redevelopment and the builder will pay rent for vacating the flat.

I wish to know whether this displacement/hardship allowance/compensation is subject to TDS at the hands of the Builder?

If any rule reference can be provided, I will be grateful.

Kindly guide.

Thank you
Regards
Mike