Is the TDS is applicable to NRI as per sec 195, but the Agreement value is under 50 lakhs

Shivam Gond (4 Points)

10 May 2022  
Dear all,

1. There is two partys in involved this matter. A who is NRI, the seller one & B is the Purchaser Indian residence.

2. B is Purchasing a immovable property at the agreement value of 45 lakhs, form A and A is NRI.

3. All the Funds is transferring in indian bank account.

So is the TDS is applicable as per sec 195, on this matter.