His residential status has to be ascertained first.
In case of NRI, TDS has to be deducted as per sec. 195 of IT act...
Unless he obtains any law tax deduction certificate from ITO, TDS needs to be deducted over total sale consideration, and not just over capital gain...
R P S K & Associates
Nashik
CA Inter
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T R SOOD & CO
New Delhi
CA Inter
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Karia Overseas
Ahmedabad
CA
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