PURCHASE OF PROPERTY
This query is : Resolved
11 January 2017
sir one of my client is a nri. he would like to purchase a house property . now he need to pay advance . what are the major factors we are follow under income tax please advice me
12 January 2017
No special provision or purchase of property in India by NRI. 1% TDS has to be deducted from the consideration payable to the Seller u/s 194IA, if applicable..
12 January 2017
Means, if Consideration for property is Rs. 50 lakh or more
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