Poonawalla fincorp
Poonawalla fincorp

Tds u/s 194ia

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 June 2014
Dear experts, one of the assessee, buying property from a person, who resides in US and does not have any PAN in India,

How to deduct and remit the TDS from the sale consideration?
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
21 June 2014 section 194IA is applicable on resident transfree not on non resident.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
21 June 2014 tds is to be deducted under section 195 in this case.
Upgrade to CAclubindia Pro. Subscribe Now!

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 June 2014 But the vendor is Forgin National
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
21 June 2014 you can deduct the tds @ 20% due to he have not any indian PAN.

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