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Tds on sale of property by nri to indian resident

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05 October 2012 Suppose Non Resident Indian sales the House property to Indian Resident. Whether Indian Resident has to deduct TDS while making the payment towards purchase consideration to NRI . Please Guide us.
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
05 October 2012 Yes the Indian resident has to deduct TDS @ 20 % on the LTCG(assuming LTCG) arising to Non-resident.

Anuj
femaquery@gmail.com

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