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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- ITR 4 and Bank transactions
- Journal entry of busniess expenses
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- Unregistered suppliers utility
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
