Buyer requirestan if seller is nri?

TDS 152 views 1 replies

I am buying property from NRI . There is not any capital gain in this transaction so I have applied for NIL TDS certificate to IT department. Am I still required to obtain TAN even if I am not deducting any TDS? Do I need to file NIL TDS return also?

Thanks 

Replies (1)

When there is nil TDS liability........ TAN need not be obtained.

Once TAN obtained...... than you are required to submit a declaration for non-filing of return.... 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register