Tds on pyment to nri
This query is : Resolved
Pravin Prajapat
(Querist)
27 December 2012
A Resident of India bought a Property from NRI. which is Situated in India. as per provision this Resident assessee has to deduct TDS on Payment ..............?
How Much ....?
How Much ....?
CA. shiv gourav
(Expert)
27 December 2012
resident has to deduct tds as per provisions of section 195 of income tax act,1961 at special rates given under sectION 115 I.E 10.30 %
CA. Anuj Gupta
(Expert)
26 May 2013
Sec 115 doesn't come into picture in case of sale of house property by NRI.
There the best course shall be to get the certificate from ITO otherwise deduct TDS @ 20.6% on the Capital Gain in case of Long term Capital Gain.
Anuj
femaquery@gmail.com
There the best course shall be to get the certificate from ITO otherwise deduct TDS @ 20.6% on the Capital Gain in case of Long term Capital Gain.
Anuj
femaquery@gmail.com
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