Q.1108 OCI - Aadhaar - PAN Query - Tax on Rental income in India

Question: Dear Sir, Your website is very informative. Thank you for your efforts in answering questions of millions of NRIs. I was wondering if you could help me with a question that I am trying to get answered. I recently became an OCI holder. I have two properties in India from the time I used to be in several years back India. One property is vacant and the other is recently rented out. My question is, since I will have to now pay tax for the rental income, will I be required to apply for Aadhar card? I already have a PAN card. Please suggest. Regards, Answer: Whether you need an Aadhaar or not depends on your residential status in India. If you are a resident of India then you can apply for Aadhaar, if you are non-resident you are not eligible to apply. Aadhaar is for residents of India, regardless of citizenship. If you reside abroad, then you are not eligible of Aadhaar. Those who are not eligible for Aadhaar are exempt from the mandatory requirement to provide Aadhaar numbers. PAN will be required and you state you already have this. NRIs can file taxes with PAN and Aadhaar is not mandatory for them.

TDS deduction by tenant on rental property

For more information on the requirement of tenant to deduct TDS from rental income CLICK HERE
Information by Virendar Chand
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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Q.1108 OCI - Aadhaar - PAN

Query - Tax on Rental income in

India

Question: Dear Sir, Your website is very informative. Thank you for your efforts in answering questions of millions of NRIs. I was wondering if you could help me with a question that I am trying to get answered. I recently became an OCI holder. I have two properties in India from the time I used to be in several years back India. One property is vacant and the other is recently rented out. My question is, since I will have to now pay tax for the rental income, will I be required to apply for Aadhar card? I already have a PAN card. Please suggest. Regards, Answer: Whether you need an Aadhaar or not depends on your residential status in India. If you are a resident of India then you can apply for Aadhaar, if you are non-resident you are not eligible to apply. Aadhaar is for residents of India, regardless of citizenship. If you reside abroad, then you are not eligible of Aadhaar. Those who are not eligible for Aadhaar are exempt from the mandatory requirement to provide Aadhaar numbers. PAN will be required and you state you already have this. NRIs can file taxes with PAN and Aadhaar is not mandatory for them.

TDS deduction by tenant on rental

property

For more information on the requirement of tenant to deduct TDS from rental income CLICK HERE
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