Student
3986 Points
Joined July 2018
1. TDS should be deducted by the buyer @ 20 % (excluding surcharge and Edu cess, that depends on the value of the property sold) u/s 195.
2. As explained by experts indexation benefit will be available for computing LTCG.
3. NRI should have TAN and PAN only then TDS will be deducted @ 20%.
4. The amount can be deposited in Non-Resident Ordinary Rupee (NRO) account without much documentation. However, the same depends on the bank and contact the bank for any further clarification.
Please correct me if the above solution has an alternative view.