However, kindly remember, when any person makes a payment to a non-resident, the payer has to deduct tax at source compulsorily if the amount being paid contains any income that is chargeable to tax in India in the hands of that non resident. You will need to deduct TDS at a rate of 30% from payments made to a non-resident brother under Section 195 of the I-T Act. Also since it is a joint property, you will have to consider various things.
It would be better if you consult a professional CA and do the needful as per his/her advice after disclosing all facts and figures.
Ameet Patel Ameet N Patel is a chartered accountant and former President of Bombay Chartered Accountants Society - BCAS
Subodh V Shah CA Subodh V Shah is a Fellow Member of the ICAI. A merit ranker throughout his career, he stood 3rd in CA Intermediate and 17th in CA Final. In addition he also got the prize of ICAI for scoring the highest marks in Direct Taxes at CA Final. He is practicing Chartered Accountant as well as a teacher for over 20 years.
Ameya Kunte Ameya Kunte is a Tax Professional, Chartered Accountant & Co-founder - Taxsutra.com
Nikhil Vadia CISA qualified Nikhil Vadia is a Chartered Accountant in practice since 1997
Yogesh Sapkale Yogesh Sapkale is Deputy Editor of Moneylife and writes on financial and tax related issues
Debashis Basu Debashis Basu is the co-founder of Moneylife, a CA by qualification with three decades of experience as a journalist and author of several books
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