TDS surcharge rate on Property Purchase from NRI in FY 22-23

311 views 2 replies

What is the rate of TDS and Surcharge on purchase of residential property from NRI. My understanding is that LTCG is taxed at 20%. The FM announced that surcharge on all classes on assets will have a maximum surcharge of 15% from FY 22-23/ AY 23-24. Has that come into effect? So total effective rate of deduction will be 23.92% of total payment.

Replies (2)

What is the cost of the property?

Whether it will be LTCG or STCG for NRI seller?

It will be LTCG (18 years from date of purchase).

The cost is above 1 Cr.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details