Tax and repatriation for NRI property owners.
TDS on rent and sale, NRO and NRE accounts, Form 15CA and 15CB, and the paperwork to move your money abroad without a bank holding it up.
What is tax + repatriation for NRIs?
NRI tax and repatriation is the set of compliance and documentation steps that ensure income from an Indian property is correctly taxed and the post-tax proceeds can be remitted to an NRO, NRE, or overseas account.
Earning income from Indian property is the easy part. Getting it taxed correctly and moved out of the country cleanly is where NRIs lose both time and money, often without realising the loss was avoidable. The rules are not hostile. They are just unforgiving of the person who files the wrong form in the wrong order.
The signs are familiar. Your rental TDS was deducted at the headline 30% and you suspect it should be lower. You sold a flat and the proceeds are sitting in an NRO account with no clear route to NRE or abroad. Your bank asked for a Form 15CB and you do not know who issues it. You filed something in India last year and you are no longer sure what this year requires.
We put a qualified CA on every file and run the logistics around them. They advise and certify; we assemble the working, chase the documents, and coordinate with your bank. TDS on rent and on sale is deducted, deposited, and certified correctly, so your filings stay clean. Where the numbers support it, we prepare and file a Section 197 application for a lower TDS rate, rather than overpaying now and waiting on a refund later.
Repatriation is documentation, and documentation is what we do. We prepare Form 15CA and Form 15CB packaged for the specific bank you remit through, with the full paper trail the rules require, so the file is complete the moment it is submitted and the remittance does not sit in a queue. Gift, inheritance, and bequest proceeds run on the same workflow, with the source-of-funds evidence banks now demand.
We also coordinate DTAA relief with your home-country advisor so the same income is not taxed twice, providing the India-side documents they need. It is one fee per package, not a drip-charge for each form, and the entire working paper sits in your dashboard, exportable to your accountant on a read-only invite. The income was always yours. We make sure it reaches you.
What's included
- TDS on rent + sale: Correct deduction, deposit, and certificates so your filings stay clean.
- NRO + NRE guidance: Which account receives what, and how to keep funds repatriable.
- Form 15CA + 15CB: Prepared and certified so the bank clears your remittance without delay.
- Remittance documentation: The full paper trail your bank and the rules require, assembled for you.
- Tax-advisor coordination: We work with a qualified CA. They advise and certify; we run the legwork.
- Records for filing: Statements and certificates organised for your India and home-country returns.
How it works
- Day 1 — Scoping call: Income type (rent, sale, gift, inheritance), account structure, target remittance.
- Week 1 — Compliance plan: CA-stamped plan with TDS, Section 197 if available, and remittance route.
- On execution — Forms + certificates: 15CA, 15CB, TDS certificate, supporting working.
- On remittance — Bank clearance: We coordinate with your bank so the file is complete on submission.
Why 66 MG Road
- A qualified CA on every file. Not generic compliance.
- 15CA and 15CB packaged for the specific bank you remit through.
- Tax planning on the sale, not just compliance after.
- Lower-TDS certificate (Section 197) where the working supports it.
- Records exported to your home-country accountant on read-only invite.
- One fee. No drip-charge for each form.
66 MG Road vs a typical local broker
| 66 MG Road | Standalone CA on a one-off |
|---|---|
| Planning + compliance, one team | Compliance only, after the fact |
| Section 197 lower-TDS where it fits | Often not even mentioned |
| Bank coordination on remittance | You forward emails between two desks |
| Working paper in your dashboard | PDF in an email thread |
| One fee per package | Per-form drip-charge |
Quick takeaway
- A qualified CA on every file. We run the logistics.
- Section 197 lower-TDS where the working supports it.
- 15CA and 15CB packaged to your bank, on a fixed fee.
FAQ
What is the difference between an NRO and NRE account for property income?
Rent and sale proceeds in India usually flow into an NRO account. NRE accounts hold foreign-earned funds and are freely repatriable. We guide you on what is repatriable and how, and prepare the documentation to move funds.
What are Form 15CA and 15CB?
Form 15CA is a declaration filed by the remitter on the Income Tax portal. Form 15CB is a CA-issued certificate confirming tax has been deducted and paid. Banks need both for most NRI remittances. We prepare both with a qualified advisor.
What TDS applies on NRI rent in India?
TDS on NRI rent is deducted at 30% plus surcharge and cess by the tenant under Section 195. The actual tax can be lower depending on your slab; you claim a refund or apply for a Section 197 lower-TDS certificate. We do the working both ways and recommend.
Can I get a lower TDS on a sale?
Possibly. A Section 197 application to the Assessing Officer can secure a lower TDS rate when the expected tax is lower than the headline rate. We prepare and file it where the working supports it.
Do you file my taxes?
Filing is done by a qualified CA we coordinate with. We handle the documentation, TDS, and certificates that feed the return.
How long does a 15CA / 15CB package take?
Five to ten working days from a complete file. Sale-related packages take longer because they need the registration documents and TDS deposit confirmation.
Can I remit gift or inheritance proceeds the same way?
Yes. We handle gift, inheritance, and bequest proceeds with the same workflow, with the source-of-funds documentation banks now require.
What about double-taxation treaties?
We coordinate DTAA relief with your home-country tax advisor so the same income is not taxed twice. We provide the TRC-side and CA-side documents your home advisor needs.