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How TDS on purchase of property from NRI

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Article
111 Points Posted on 12 April 2021
hello,

A is resident Indian purchases property from NRI. what will be TDs rate, and on what value it is to be calculated.

please give example for clarity.
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On 12 April 2021 at 16:24 Report
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Chartered Accountant
24588 Points Posted on 12 April 2021
TDS will be deducted u/s 195 on sale value
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On 12 April 2021 at 16:56
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Article
111 Points Posted on 12 April 2021
Okay. if purchase made jointly by 2 persons , can 1 person can pay entire TDS? or both are compulsorily required to deduct and pay TDS?
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On 12 April 2021 at 17:04
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Chartered Accountant
24588 Points Posted on 12 April 2021
Both have to deduct TDS
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On 12 April 2021 at 17:39
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Article
111 Points Posted on 12 April 2021
Okay
thank you
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On 12 April 2021 at 17:40
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Chartered Accountant
24588 Points Posted on 18 April 2021
Your welcome
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On 18 April 2021 at 14:26


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