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TDS on purchase of property from NRI

This query is : Resolved 
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(Querist)
16 September 2020 Hi,
In case a Buyer is buying a flat from a NRI wherein the NRI has paid only part payment and the balance is due to the builder (Resident). As per the agreement to sell, the buyer is supposed to make part payment to NRI Seller and balance to the builder on the date of transfer. As per my understanding, for the payment being made to NRI TDS u/s 195 should be deducted and for the payment to builder TDS u/s 194 (0.75%) should be deducted. Pls. confirm
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 September 2020 Yes, you are right.....
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