02 May 2013
One of my client located at singapore Status - Individual Residential Status - NRI HE Purchase Flat In Mumbai on 13/06/2006 And Sold it on 01/03/2013 Transaction Took Place in Year F.Y. 2012-13 As mentioned my client is individual and he want that buyer will not deduct tax from sale proceed So please suggest what to do so that buyer will not deduct tax. Whether go for NIL or lower rate deduction certificate or any other way. Please suggest me detailed procedure and relevant Sections,form no. and where to apply and documents required.
03 May 2013
Client is in process of opening capital gain scheme account n depositing sale consideration in that account. He is going re invest money in new flat. That why he is asking for NIL deduction certificate to stop buyer from deducting tax. please give me brief about process of getting NIL Certificate based on Capital Gain Deposit Scheme Account.
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