banner_ad

long term capital gains tax by non-residents Indian and tds liability

Others 208 views 3 replies
Non-residents sale his house in India for rs. 4500000. Purchase price of that property rs. 3500000. PLEASE CALCULATE LONG TERM CAPITAL GAINS. ANY TDS LIABILITY BY BUYER.
Replies (3)

Buyer has to madatorily deduct TDS u/s. 195 of IT act, @ 20.8% over sale proceeds (here 45L), for long term holding i.e. 2 years of more; (or at 31.2% for short term holding); unless the seller obtains lower deduction certificate from his Jurisdictional ITO. & obtain TAN to deposit the TDS....

More :: tds-property-purchase-nri

Please give duration of holding years of buy and sale

Sales after purchase of 3 years


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details