Tds on purchase of property from nri

-in this case 194IA is not applicable as seller is NRI .........CORRECT

- Section 195 will be applicable and Tax will be @ Rate in force. i.e. 20 % if LTCG , slab rate if STCG.......... 20% Plus Cess over agreed value with PAN, unless lower deduction of TDS certificate obtained from department.

- Buyer has to obtain TAN and file 27Q as per Income Tax rules. Please confirm if my understanding is correct. .......... CORRECT

Futher i have question that should seller obtain PAN or not. I mean is it mandatory for seller  to obtain  PAN. ........ YES.

Refer:    tds-property-purchase-nri