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Flat sale by Not ordinarily Resident in India -TDS

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(Querist)
19 January 2022 Can I buy flat from Not Ordinary Resident in India or Person of Indian origin from Dubai .Cost of flat 55 lakhs,how much TDS to be deducted and other documents required.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
19 January 2022 As per Section 6(6)(a) of Income Tax Act, 1961 an individual is a NOR if an individual who has been a non-resident in India in 9 out of 10 previous years preceding that year, or has during the seven previous years preceding that year been in India for a period of 729 days or less.
Do you mean to say the person is not ordinary resident as per the said definition?
If yes, sec. 194-IA would be applicable.
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pjrao

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pjrao (Querist)
19 January 2022 Yes sir NOR as per above definition under 6(6)(a).Can I buy flat from him and deduct TDS at 1%.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
19 January 2022 Yes, you can buy from RNOR without any doubt, with TDS deducted at 1%.
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