06 May 2016
Dear Sir, I need to clarify the following If resident sale any immovable Property & its value exceeds Rs.50 Lakh then 1% TDS has to be made by the Buyer. Suppose NRI sale any Property to an Indian then what rate of TDS will attract? Is there any slab rate to deduct TDS on Payment (relating to Immovable Property) to NRI?
CAclubindia
