Tds on purchase of immovable property from nri
This query is : Resolved
jayant chandrachud
(Querist)
16 July 2013
A charitable Trust registered in India wishes to buy a plot of land in India which belongs to a NRI of Indian origin.Whether Besides TDS @20% U/S 115E, TDS @1% will have to be made under newly inserted Section 194-IA.What would be the rate of TDS if NRI doesn't have a PAN.
16 July 2013
NRI usually doesnt have pan but havr GRN number u can mention dat.
jayant chandrachud
(Querist)
16 July 2013
Thanks Tushar sir, but can you pl throw light on tax deduction u/s 194IA.
16 July 2013
check the following link for more details.
https://www.caclubindia.com/share_files/complete-note-on-194-ia-of-income-tax-act-1961-57256.asp
https://www.caclubindia.com/share_files/complete-note-on-194-ia-of-income-tax-act-1961-57256.asp
Message likes :
1 times
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
