15 February 2020
An NRI having a house property in India wishes to sell it to a Resident. The sale price exceeds Rs 50 Lakhs. What TDS has to be deducted by the resident - 1% or 20%? Kindly advise.
15 February 2020
TDS on immovable property has to be paid using Form 26QB within 30 days from the end of the month in which TDS was deducted no tan no required.