BUY PROPERYT FROM NRI IN JOINT NAME HOW TO FILE 27Q

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This discussion covers the process of purchasing property from an NRI seller under a joint name and the subsequent filing of Form 27Q for Tax Deducted at Source (TDS). It addresses obtaining TAN numbers for both buyers, filling out Form 27Q, uploading the FUV file, and correctly reporting lower deduction amounts. The advice clarifies that if payment is made to the seller's NRO account in India, Forms 15CA and 15CB may not be required, though remittance to an NRE account is not permitted. Guidance is also provided on filing Form 27Q when the property is bought jointly.

saurabh bansal

saurabh bansal (Querist)
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18 February 2021 I PURCHASE A PROPERTY FROM NRI SELLER IN JOINT NAME, NOW SELLER APPLY FOR LOWER DEDUCTION CERTIFICATE.
I HAVE TAKEN ALREADY TAN NUMBER IN MY NAME AND MY WIFE NAME SEPRATALY

NOW PLEASE HELP ME TO FILL ALL COLUM OF 27Q AND HOW TO UPLOAD FUV FILE AND HOW TO SHOW LOWER DEDUCTION AMOUNT IN 27Q

saurabh bansal

saurabh bansal (Querist)
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18 February 2021 I THINK IF I PAID MONEY IN INDIA IN NRO/NRE ACCOUNT OF SELLER ITS NO NEED TO FILE 15CA AND 15CB

PLEASE SUGGEST