Tds on payment made to nri 1.85L
NICSON JOHN (514 Points)
02 December 2021NICSON JOHN (514 Points)
02 December 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 02 December 2021
The buyer is liable to deduct TDS @ 20% +4% cess, if it was held for more than 2 year.
In case the property has been sold before 2 years, a TDS of 30%+ 4% cess shall be applicable.