EASYOFFICE
EASYOFFICE
EASYOFFICE

TDS on sale of property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 November 2020 sir,

please answer the following questions:-

1) if a US citizen who has a property in India and wants to sell by giving GPA to his cousin, what percentage of TDS , will be deducted by buyer on sale value.

2) if he personally visits India in order to sell his property. what percentage of TDS will be deducted by the buyer at the time of sale . (he has Aadhaar and pan card too)

Thanks in advance.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
04 November 2020 In both the cases TDS 20% plus cess and surcharge applicable on sale value.
Profile Image

123456

Profile Image

123456 (Querist)
06 November 2020 Sir ...does the seller need TAN number to pay TDS on sale?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
06 November 2020 Yes TAN is required...........
Profile Image

123456

Profile Image

123456 (Querist)
06 November 2020 sir,
what is the procedure to get TAN and how much time does it take.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
06 November 2020 Apply online TIN NSDL it will take one day.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links