Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

TDS Rate

Poonam Lohiya (158 Points)

08 November 2018  

what is the TDS rate applicable for sale of property by NRI to resident individual?

 3 Replies

Utpal Das (owner) (269 Points)
Replied 08 November 2018

For long term capital gain 20% plus cess.

4 Like

Piyush Tanwar (Assistant Manager - Accounts)   (1332 Points)
Replied 08 November 2018

Refer to the below mentioned link:-




Piyush Tanwar




1 Like

Nitesh bind (Student CA Final ) (12692 Points)
Replied 08 November 2018

Dear Poonam,

When purchasing a property from NRI TDS is required to be deducted on capital gain and not on sale price. Therefore the Rates of TDS would be as follows:

If Property is Long term i.e. taken for more than 24 months then 20% (plus SC if applicable i.e. if Property value exceeds 50lakhs/1cr then SC @ 10%/15%) and EC.

If property is Short Term then @ Normal Income tax slab rate.

Thanks. Be helpful to One Another!
4 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads


Subscribe to the latest topics :
Search Forum:

Trending Tags