TDS _Long term Capital Gain ref.sec 214 Table 2
This query is : Resolved
24 July 2026
An Indian citizen purchased a (Immovable Property) Long term asset Land and Building for Rs2,0000000 from NRI Resident of USA, The buyer deducted Tax at Source at 12.5%+Surcharge+ E.Cess applicable, While Filing TDS return, which act I should select
1.Income Tax Act or DTAA
2.Nature of remittance is
Long term capital gain referred to in sec 214 Table in sl 2 or
Long Term Capital gain referred to in sec 214 Table 1
Pl guide
1.Income Tax Act or DTAA
2.Nature of remittance is
Long term capital gain referred to in sec 214 Table in sl 2 or
Long Term Capital gain referred to in sec 214 Table 1
Pl guide
24 July 2026
Act to Select: Select Income Tax Act (unless DTAA benefits are explicitly claimed via Form 15CB with a valid US Tax Residency Certificate).
Nature of Remittance: Select the category corresponding to Long-Term Capital Gain on Immovable Property as specified under the capital gains schedule.
Nature of Remittance: Select the category corresponding to Long-Term Capital Gain on Immovable Property as specified under the capital gains schedule.
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