Tds on property purchase from oci
This query is : Resolved
13 March 2019
If an Indian resident buys property in India from OCI holder then what is rate of TDS? It is under sec. 194IA or 195 ?
13 March 2019
195, because for 'financial matters' they will be considered as 'non-residents'.
13 March 2019
How to calculate TDS. If we are buying at 80 lacs & OCI i.e. seller has bought it for 60 lacs?
21 November 2021
Deduct the amount over sell proceeds, unless any lower deduction of TDS certificate is brought by seller.
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