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TDS ON NRI FOR SALE OF FLAT ABOVE 50LAKS
sir, I am a NRI I intend to sale out my Flat in india which value above 50laks .Please informe me how my tax deduct from purchaser at the time of sale of property.I have not any others income. 1 percent deduct or full rate of tax impliment.
Replies (2)
1% TDS is for Resident Indian. For NRI its full rate, unless you have applied for Lower deduction of tax with your ITO.
Refer: https://www.charteredclub.com/tds-property-purchase-nri/
In protest against ADMIN for its discriminatory behavior among different members, I leave the portal permanently. Good Bye.
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