Payment to purchase NRI property

Sir I'm in a pipeline to purchase the house from the NRI seller who resides in America 

Now all payments should i credit to his Indian bank account or foreign bank account 

 

Please advise 

 

Regards 

Hari 

Replies (3)
Quick Summary
This discussion addresses the crucial question of where to make payments when purchasing property from a Non-Resident Indian (NRI) seller. The advice given is to credit the payment to the seller's Indian bank account, specifically an NRO account, after deducting Tax Deducted at Source (TDS) under Section 195, if applicable.

In his Indian Bank NRO Account, after deduction of TDS u/s 195 , if deductible

Thanks Nidhi sir 

Madem not Sir

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details