Non resident sale his property

Quick Summary
This discussion clarifies the tax implications for non-residents selling property in India. Key points covered include TDS deduction under Section 195, the correct challan form for payment (Challan 281), and the necessity of a TAN number for the buyer. It also addresses the calculation of capital gains indexation, specifying that the agreement to sell date is considered.

Applicable, check below link

https://nritaxservices.com/Purchase%20of%20Immovable%20Property/M__66

From this article I could infer 26QB can be used by buyer including NRI. but Here the discussion is about NRI seller who sells his property and buyer deduct u/s 195. in this case Is 26qb used?

Yes, then also Form 26QB used.

Check once , if you select seller residential status as NRI then you get error message stating that 26QB is not applicable and it is covered by Section 195

yee/Seller/Transferor

As Status of the Payee/Seller/Transferor is Non-Resident, Form 26QB will not be applicable. The correct form to be used is Form 27

 

You  can check once.

 

Today also I have checked 

 

 

I will check out.
You may check it from NSDL etax payment system

Please provide some link and clarification

Go to 26QB e- challan , Hope you have practical knowledge on this

There is nothing like Form 27 

Have you opened 26QB e challan ?

Just do the test checking.

Do you know which form to be used for Tds payments under section 195 ?

Do you know which form to be used for Tds filing for tds Payments made under section 195 ?

Yoy read your comments to this query again 

Sir, i am practising CA and definately filed Form 26QB

And for your information there is no FORM 27, its 27Q

If you are practicing CA then you might be knowing there is an of NRI seller in 26QB .

Select it and test check without filling any details

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