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.
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