Form 15ca of nri
This query is : Resolved
28 August 2023
Dear Sir
My Assessee purchases one property , the sellers are .
Seller 1 Resident (mother)
Seller 2 NRI - son
Selller 2 NRI - daughter
Both the son & daughter have given power of attorney to their mother for sale of property.
My client purchases the property and pays the entire amount to the mother who is holding the power of attorney
In this case do we have to file form 15ca if we pay full purchase consideration to NRIs power of attorney
Kindly advice
Thanks
My Assessee purchases one property , the sellers are .
Seller 1 Resident (mother)
Seller 2 NRI - son
Selller 2 NRI - daughter
Both the son & daughter have given power of attorney to their mother for sale of property.
My client purchases the property and pays the entire amount to the mother who is holding the power of attorney
In this case do we have to file form 15ca if we pay full purchase consideration to NRIs power of attorney
Kindly advice
Thanks
28 August 2023
15CA not required as there is no remittance outside India.
TDS provisions relating to NRI sale of property applicable on entire sale consideration related to NRI.
TDS provisions relating to NRI sale of property applicable on entire sale consideration related to NRI.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Minimum tax payable to file Updated return
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- GST ISSUE OF INPUT AND OUTPUT GST
- GST Intimation due to Government took possession of Business Premises under PPE Act
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
