TDS on joint property of NRI husband and indian wife - reg

K Subramanian (Engineer) (0 Points)

14 March 2025  

I am a resident indian and planning to buy a joint property from a seller in which one is NRI and the other is resident indian. I understand that the buyer has to deduct TDS and pay it. Property bought by seller – 100 lakhs in 2021 Peoperty sold by seller – 120 lakhs in 2025 For the above rates, how much i have tp pay the TDS if the NRI seller get low tax certificate for 3 %. How much TDS have to pay for the indian resident. I am planning the my property with bank loan along with my wife. Is it that myself and wife has to pay TDS separately or i alone can pay. Thanks