Gulf NRI tool

Rental Income TDS

Own property in India? Your tenant must deduct 31.2% TDS on gross rent. But your actual tax liability is much lower after deductions. See the difference.

Monthly rent received

₹

Annual municipal tax paid

₹

Annual rent₹3,60,000

TDS your tenant deducts (31.2%)-₹1,12,320

Less: Municipal tax-₹5,000

Less: 30% standard deduction-₹1,08,000

Net taxable rental income₹2,47,000

Your actual tax (31.2% on net)-₹77,064

Excess TDS (refundable via ITR)₹35,256

Note: DTAA typically does not reduce rental income TDS — property income is taxable in the source country under most treaties. But you CAN recover the excess through ITR filing by claiming deductions.