TDS RATE ON PROPERTY OWNED BY NRI IN INDIA

Venu Gopal (Accts Assistant) (141 Points)

22 April 2022  
Normally tds have to be deducted @ 10%

but if the property is owned by NRI..them what is the rate of tds???

it is 31.2% including cess

but the owner's CA is asking me to deduct @ 10 percent only...saying that owner hav been filing it returns for last 2 years...

is it right to do so???

kindly reply at the earliest