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Payment to purchase NRI property

IFRS 476 views 3 replies
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8 Points Joined September 2021

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 

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On 27 January 2022 at 19:55 Report
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Chief Accountant
3150 Points Joined July 2020
In his Indian Bank NRO Account, after deduction of TDS u/s 195 , if deductible
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On 28 January 2022 at 10:36
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8 Points Joined September 2021

Thanks Nidhi sir 

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On 28 January 2022 at 10:44
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Partner
1072 Points Joined December 2009

Madem not Sir

 

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On 28 January 2022 at 20:20

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