banner_ad

TDS on sale of property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 November 2020 sir,

please answer the following questions:-

1) if a US citizen who has a property in India and wants to sell by giving GPA to his cousin, what percentage of TDS , will be deducted by buyer on sale value.

2) if he personally visits India in order to sell his property. what percentage of TDS will be deducted by the buyer at the time of sale . (he has Aadhaar and pan card too)

Thanks in advance.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
04 November 2020 In both the cases TDS 20% plus cess and surcharge applicable on sale value.
Profile Image

123456

Profile Image

123456 (Querist)
06 November 2020 Sir ...does the seller need TAN number to pay TDS on sale?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
06 November 2020 Yes TAN is required...........
Profile Image

123456

Profile Image

123456 (Querist)
06 November 2020 sir,
what is the procedure to get TAN and how much time does it take.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
06 November 2020 Apply online TIN NSDL it will take one day.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details