A Non Resident wish to sell his ancestors immoveable property situated in India. TDS applicable 35%. Regular Income not taxable in India. Can he
apply for Rate reduction.
Menu
Reduction in Tax Rate for Deduction
Replies (1)
Yes you can apply for Nil or lower deduction of tax under section 197 of IT Act, in form 13 to your Income Tax Ward Officer.
Refer: lower-tds-property
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
