Tds on purchase of property from NONRESIDENT INDIAN

This query is : Resolved 

09 April 2024 Shyam has purchased property from NRI suraj for Rs. 4960000/-
does he have to deduct tds on such purchase from NRI
If so what is the rate of TDS.?

09 April 2024 unless there is a lower TDS deduction certificate, 20% plus education cess. Also, the buyer needs to obtain a TAN.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query