26 qb doubt nri

This discussion addresses whether an NRI selling property in India for INR 1.85 lakh to a resident buyer is liable for TDS. The consensus is that the buyer is responsible for deducting TDS under Section 195 of the Income Tax Act. The TDS rate will depend on the Double Taxation Avoidance Agreement (DTAA) between India and the NRI's country of residence. If the NRI wishes to avoid TDS deduction, they can apply for a certificate from their Income Tax Officer (ITO), though professional assistance from a local CA is recommended for this process.