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.
₹
= ₹30K
₹
= ₹5K
Refundable via ITR
Excess TDS your tenant deducted
₹35K
DTAA does not reduce rental TDS, but municipal tax + 30% standard deduction make most of the gross TDS recoverable via ITR.
Annual rent₹3,60,000
Tenant TDS deducted31.2%-₹1,12,320
Less: Municipal tax-₹5,000
Less: 30% standard deduction-₹1,06,500
Net taxable rental₹2,48,500
Actual tax owed31.2% on net-₹77,532