REGARDING DEDUCTION OF TDS ON PURCHASE OF PROPERTY FROM NRI

This query is : Resolved 
Quick Summary
When purchasing property from a Non-Resident Indian (NRI), buyers often wonder if a TAN (Tax Deduction and Collection Account Number) is required for TDS (Tax Deducted at Source) purposes. While it might seem like a standard requirement, for TDS on the sale of immovable property, a TAN number is generally not needed. The provided information confirms that a TAN is not necessary in this specific scenario.

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(Querist)
18 January 2024 IF PROPERTY IS PURCHASED FROM NON RESIDENT THEN BUYER HAS TO APPLY FOR TAN NUMBER FOR DEDUCTION OF TDS?
IF SUCH THEN WHICH FORM UNDER TDS IS TO BE FILED?
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Aashok Kumar Sharmapro badge

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Aashok Kumar Sharmapro badge (Expert)
19 January 2024 https://incometaxindia.gov.in/Pages/tds-sale-of-immovable-property.aspx
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Aashok Kumar Sharmapro badge (Expert)
19 January 2024 TAN Number is not required here. Cheers !!! :-)
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