Nri transactions
This query is : Resolved
dhaval shah
(Querist)
19 February 2013
HELLO SIR
MY CLIENT IS PURCHASING IMMOVABLE PROPERTY FROM NRI FOR APPROX 47 LAC.
NOW MY QUERY IS (PURCHASER'S POINT OF VIWE)
1. ON WHAT AMOUNT TDS HE NEED TO DEDUCTED ?
2. CAN HE APPLY FOR LOWER DEDUCTION ?
3. CAN HE PAY ADVANCE TAX ON BEHALF OF NRI (INCASE NON HOLDING OF TAN NO.)
THANK YOU
MY CLIENT IS PURCHASING IMMOVABLE PROPERTY FROM NRI FOR APPROX 47 LAC.
NOW MY QUERY IS (PURCHASER'S POINT OF VIWE)
1. ON WHAT AMOUNT TDS HE NEED TO DEDUCTED ?
2. CAN HE APPLY FOR LOWER DEDUCTION ?
3. CAN HE PAY ADVANCE TAX ON BEHALF OF NRI (INCASE NON HOLDING OF TAN NO.)
THANK YOU
CA. Anuj Gupta
(Expert)
19 February 2013
1. The capital gain.
2. Yes and he should.
3. Yes
Anuj
femaquery@gmail.com
2. Yes and he should.
3. Yes
Anuj
femaquery@gmail.com
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