TDS PROVISIONS FOR NRIS
This query is : Resolved
20 January 2026
Dear Professional friends very good morning.
my client who is now in UAE N Visited july 30th 2025 india and returned to dubai by august 21st 2025 now willing to sale a property in bangalore apprx 1.5cr, which the same bought for apprx 1cr as on 2022 coctber. so kindly share me tds applicability for NRI and other capital gain provisions In brief and value of capital gain in a nominal values. which section 194 or 195 of incometax act will be applicable for tds. kindly support us they are in dubai and not known provisions of these tax and statutory implications. thank you in advance for your utmost support and time spent for our querry.
my client who is now in UAE N Visited july 30th 2025 india and returned to dubai by august 21st 2025 now willing to sale a property in bangalore apprx 1.5cr, which the same bought for apprx 1cr as on 2022 coctber. so kindly share me tds applicability for NRI and other capital gain provisions In brief and value of capital gain in a nominal values. which section 194 or 195 of incometax act will be applicable for tds. kindly support us they are in dubai and not known provisions of these tax and statutory implications. thank you in advance for your utmost support and time spent for our querry.
27 January 2026
TDS on Total Value: By default, the buyer is supposed to deduct TDS on the entire ₹1.5 Cr (usually at 20% + cess), which results in a huge tax outflow (approx. ₹30+ Lakhs).
Lower Deduction Certificate (LDC): To avoid this, your client should apply for a Certificate for Lower Deduction of Tax under Section 197. This allows the buyer to deduct tax only on the actual "Gain" (the ₹6-7 Lakhs calculated above) rather than the whole sale price.
Repatriation: To take the money to Dubai, the client will need Form 15CA and 15CB (certified by a Chartered Accountant) to prove that all taxes have been paid before the bank allows the transfer
Lower Deduction Certificate (LDC): To avoid this, your client should apply for a Certificate for Lower Deduction of Tax under Section 197. This allows the buyer to deduct tax only on the actual "Gain" (the ₹6-7 Lakhs calculated above) rather than the whole sale price.
Repatriation: To take the money to Dubai, the client will need Form 15CA and 15CB (certified by a Chartered Accountant) to prove that all taxes have been paid before the bank allows the transfer
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