For NRI to NRI property purchase, TDS under section 195 applies on full consideration unless lower or nil certificate obtained. Rate depends on capital gain type, typically 12.5 percent plus surcharge and cess for long term. Filing requires TAN.
18 April 2026
If a NRI, purchases a Immovable Property (Residential House) in India from another NRI. What will be the TDS rate applicable to the purchaser? TDS will be applicable on Gains or Consideration? How will the TDS be filed?
18 April 2026
Unless the seller procures any certificate from ITD for nil or lower TDS deduction, TDS u/s. 195 is to be deducted on full consideration amount.