I am purchasing a property from a non resident. The amount is to be paid in India in Rs. I know that while making the payment I have to deduct TDS u/s 195. However, TDS is to be deducted at what rate ????? Also is surcharge and education cess applicable ????
The person I have to make payment to has a PAN No.
Also, since payment is to be made here in India....do I need to file form 15CA and 15CB ?????
is there anything else in this regard that needs special attention ?????