Paying Rent to NRI landlord? Deduct TDS, else pay penalty

Are you paying housing rent to a Non-resident Indian? If yes, then ensure that you are deducting tax before making a rent payment to the NRI landlord. Remember under the income tax laws, as a tenat if you fail to deduct tax, then you will be liable for penal consequences. Read on to know the income tax rate at which taxes are to be deducted and how to deposit them with the government.

from Tax-Wealth-Economic Times https://ift.tt/lz8OchZ