TDS on buying property from Non Resident Imdian (NRI)

Mudit (salaried) (38 Points)

07 August 2022  

Hi everyone,

 

Could you please help clarify below queries related to buying property from NRI -

1. What is the rate at which tds needs to be deducted while buying property from NRI 

2. Can seller directly deduct and submit the tds to IT Department or only buyer can do that 

3. Is TAN mandatory for buyer to deduct TDS when buying property from NRI

4 what is the process to be followed and forms to be filled by buyer to deduct the TDS

Thanks in advance