Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Nri tax... its urgent

Save Share

This query is : Resolved

Dhanashri R Sathaye (Querist)

01 August 2011 Mr A is now Resident in India. He wants to sell the Property. But Purchaser said that he will deduct TDS on it as Mr A is NRI. Mr A also files returns under salary in AY 2010-11 as per section 281 there is an requirement that previous permission of AO required for the same else transfer will become void but ITO officer is notable to recognised for the same due to centralised filling. Now what to do???

Please Reply Urgently??

CA. Anuj Gupta

CA. Anuj Gupta (Expert)

01 August 2011 Your question is not all clear.

I am replying to your question based on what I am able to understand from the question.

If Mr. A is now resident in India then you can provide the copy of passport to purchaser as a proof of becoming resident in india.

Also there is no requirement of approval from ITO under sec. 281 unless there is any pendency of case with ITO.

Anuj
+91-981106211
femaquery@gmail.com

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now