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

 

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