TDS on Immovable property to an NRI
This query is : Resolved
11 March 2026
Sir,
Transactions in immovable property when seller is a resident normally attract Tax @1% if transaction value exceed Rs. 50 lakh. What was the cases if the seller was non resident. Whether exemption limit was applicable in case NRI and what was the rate of tax applicable. Normally TDS was remitted under 194IA using PAN of the Purchaser. How the transaction with NRI can be remitted whether using PAN or taking TAN seperately. who is required to take TAN whether purchaser or seller
Transactions in immovable property when seller is a resident normally attract Tax @1% if transaction value exceed Rs. 50 lakh. What was the cases if the seller was non resident. Whether exemption limit was applicable in case NRI and what was the rate of tax applicable. Normally TDS was remitted under 194IA using PAN of the Purchaser. How the transaction with NRI can be remitted whether using PAN or taking TAN seperately. who is required to take TAN whether purchaser or seller
12 March 2026
For an NRI seller, there is no ₹50 lakh exemption—TDS applies to every rupee. While the tax rate is higher (12.5% or 30%), Budget 2026 has made it easier for you as a purchaser by allowing you to use your PAN instead of a TAN for remitting the tax.
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