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Spouse's rental income: Taxation rules for NRIs
Mint Mumbai
|November 12, 2024
My wife and I are NRIs. She owns a residential property in India which she rented out. She requested the tenant to credit a month's rent to my NRO account instead of hers since I'm due to visit India and can use the funds for local expenses.
The resident tenant deducted TDS on her PAN, transferring the rent amount to my NRO account. Will I be taxed on the amount since I received it in my NRO account?
-Name withheld on request
Diese Geschichte stammt aus der November 12, 2024-Ausgabe von Mint Mumbai.
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