Question ID :
40511
082176
rental payments aggregating to over Rs.5 lakhs in a year are being made to a non resident by transferring funds to his NRO account . TDS is deducted at 31.2%. is there a requirement to upload form 15CB and and 15CA while transferring monthly rent?
Posted by
suman goyal
on
Dec 21, 2019
Filed Under
DIRECT TAXES
Payment of rent to non-resident is not covered in the list provided under Rule 37BB. Hence it is necessary to upload Form 15CA and 15CB while transferring monthly rent to NRO account.
Posted by
CA. chunauti dholakia on
Dec 23, 2019
Answer ID :
80310
Yes. Before transferring monthly rent uploading form 15CB and form 15CA are required.
Posted by
CA TAPAS KUMAR MAITI on
Dec 25, 2019
Answer ID :
80388
yes...required
Posted by
SIVADAS CHETTOOR on
Jan 29, 2020
Answer ID :
80393
need not deduct on the full value.
Posted by
SIVADAS CHETTOOR on
Jan 29, 2020