NRI landlord tax deduction

I didn’t disclose my NRI status to my tenant. What should I do? | Mint

TheSpuzz Desk4 months ago05 mins

Source: Live Mint I am a NRI with a residential property in Mumbai that I have rented to a salaried individual. The monthly rent is ₹90,000 and the lessee has deducted TDS at 5%. In the lease agreement, I mentioned my Indian address and PAN but did not inform the tenant about my NRI status….

Is your landlord a non-resident Indian? Know your tax compliances.

TheSpuzz Desk4 months ago07 mins

Source: Live Mint If your landlord is a non-resident Indian, you must know some income tax rules that can affect you as a tenant. From the rent you pay to your NRI landlord, you must deduct a certain percentage of the rent at source—tax deduction at source, or TDS—and pay to the Indian government. If…

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NRI landlord tax deduction

I didn’t disclose my NRI status to my tenant. What should I do? | Mint

Is your landlord a non-resident Indian? Know your tax compliances.