Nondeduction of tds,when property purchased frm nonresident
This query is : Resolved
26 May 2015
if the property purchased from Power of attorney agent(actual owner is Non resident).
But while purchaseing the property whether we should deduct TDS or not......Purachase value is above Rs 50,000
please solve my query.
But while purchaseing the property whether we should deduct TDS or not......Purachase value is above Rs 50,000
please solve my query.
26 May 2015
TDS applicable u/s 195 being NRI.
26 May 2015
But i paid the amount to agent and he have the powers to sale and received the income against the property...
i think it is not nonresident payment
i think it is not nonresident payment
26 May 2015
The owner of the property you are purchasing is NRI so TDS u/s 195 applicable.
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