A Non Resident wish to sell his ancestors immoveable property situated in India. TDS applicable 35%. Regular Income not taxable in India. Can he
apply for Rate reduction.
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Reduction in Tax Rate for Deduction
Replies (1)
Yes you can apply for Nil or lower deduction of tax under section 197 of IT Act, in form 13 to your Income Tax Ward Officer.
Refer: lower-tds-property
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