Tds to nri/pio on sale of house in india.
This query is : Resolved
15 August 2015
Dear sir,
I want to buy a house from NRI couple (UK) for Rs.53 lacs. One have British Passport & PIO card & other have Indian Passport.
Kindly tell me, TDS liability on me & which form used for deposit the same.
Regards,
Sandeep Kumar
I want to buy a house from NRI couple (UK) for Rs.53 lacs. One have British Passport & PIO card & other have Indian Passport.
Kindly tell me, TDS liability on me & which form used for deposit the same.
Regards,
Sandeep Kumar
15 August 2015
TDS applicable u/s 195 on capital gain. Either the buyer or seller make an application to jurisdictional AO u/s 195 (2) & (3) to determine the tax deductible.
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
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR validation error - Balance sheet is not filled
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
