if payment is made in installments and in previous year assessee is NRI and in next PY status becomes resident than what would be tds rate on installments in PY and for next PY
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Quick Summary
This discussion clarifies the TDS rate applicable when an assessee's status changes from Non-Resident Indian (NRI) to Resident during the financial year, particularly concerning installment payments for property purchases. The general advice is to maintain the same TDS rate for the transaction unless a lower deduction certificate is obtained from the Income Tax Officer (ITO).