TDS on sale of immovable Property, income tax
This query is : Resolved
20 April 2021
As per the provision TDS is to be deducted @ 1% by the buyer while paying the sale consideration to seller.
If the property is purchased by NRI and the registration is done by GPA holder of NRI, then whose PAN should be mentioned in Form 26QB is it purchaser or GPA holder? Seller is Resident Indian.
Please suggest with relevant link
If the property is purchased by NRI and the registration is done by GPA holder of NRI, then whose PAN should be mentioned in Form 26QB is it purchaser or GPA holder? Seller is Resident Indian.
Please suggest with relevant link
CA R SEETHARAMAN
(Expert)
20 April 2021
It's purchaser and seller's PAN to be mentioned.
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
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- 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
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
