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22 February 2011 Resident individual to whom Tax audit is not applicable has purchased residential house property from an NRI in India.
Whether Tax is to be deducted on such payment to NRI?
If yes then whether the individual is required to obtain TAN number to deduct tax?
otherwise how will tax deducted at source be deposited?
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22 February 2011 In my opinion, to tax will be required to be deducted.
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