NRI TDS tax payment

This query is : Resolved

Nara Hari (Querist)
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18 April 2022 Namaste sir

Our NRI property seller at Hyderabad is unable to obtain TDS certificate from IT department thereby inhibiting us to deduct TDS tax
Instead the seller is compelling us to get the property registered at discounted price of 20.22 % less of property value so that he can go back to America

Now after registration of property we as buyers can it be possible for us to reduce TDS tax by submitting all relevant papers to auditors and pay TDS to IT dept

Because it is 15 years old flat

Please advise

Regards
Hari

CA ALOK KUMAR

CA ALOK KUMAR (Expert)
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18 April 2022 No, auditors are not authorised to give permission to deduct TDS at lower rate. It is only the assessing officer who will issue certificate for lower deduction or nil rate deduction. You may write me to ca.aloknandan@gmail.com for further assistance. Hope your query resolved.
Namaste…