Page 2 - குடியிருப்பாளர் இந்தியன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Updated Apr 08, 2021 | 07:00 IST When an NRI-owned property is taken on rent, it is the obligation of the tenant to deduct tax (TDS) u/s 195 of the Income Tax Act and deposit it to the Government. Taking NRI’s house on rent? Know the TDS rules  New Delhi: A lot of people whose relatives shift abroad and become NRIs often rent out the property left behind for another source of income. If you have taken flat or property of a non-Resident Indian (NRI) on rent, you need to know tax rules for the same. Under India’s income-tax law, if the payee qualifies as “Non-Resident in India during the relevant financial year, the payer is required to deduct TDS (tax deducted at source) at a specified rate (plus applicable surcharge and health and education cess) on taxable income of the payee.

New delhiPresident indianIncome tax actLong term assetShort term assetபுதியது டெல்ஹிகுடியிருப்பாளர் இந்தியன்வருமானம் வரி நாடகம்நீண்டது கால சொத்துகுறுகிய கால சொத்து