Tds on Property purchased from.NRI
This query is : Resolved
11 February 2020
What are the consequenses if i purchase residential property from NRI residing in India after deducting TDS@ 22.88%.
Is there any need to.take TAN No.. or we can simply deduct and deposit it?
Is amount received more than 50000/- from friend taxable ??
Is there any need to.take TAN No.. or we can simply deduct and deposit it?
Is amount received more than 50000/- from friend taxable ??
11 February 2020
TAN is required you can get it within few days.
Yes receipt more than 50000 from friends is taxable.
Yes receipt more than 50000 from friends is taxable.
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