Deduction of tds for nri
This query is : Resolved
31 October 2015
What is the percentage of TDS to be deducted, if a NRI is selling land to resident. What if an NRI holding Saving account in india and depositing the Sale consideration in the savings account, wheather TDS need to be deducted.
31 October 2015
Applicable full tax has to be deducted at source. NRI can only have NRO account in India and sale consideration after deducting tax can be deposited in this account.
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