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Payment to nri

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15 July 2013 One of My Client is working in Singapore and he is NRI. He has a house purchased in mumbai in the year June 2009, which he is wiling to sell in current year. And from the proceeds he is wiling to buy a house in Singapore, would he be entitled to the benefit under section 54 of incometax act. And whether any TDS is required to be deducted on this remittances. What would be the procedure for conducting this transactions

Thank you
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
18 April 2017 Very old query need to be closed now
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