3 Replies
CA.Vinita Gupta
(Deputy Manager- Finance)
(2923 Points)
Replied 06 December 2012
If you are purchasing a Property TDS need not be deducted on Payment made to NRI
Ravi Kumar Mahaur
(CA-FINAL)
(202 Points)
Replied 06 December 2012
If the property is situated in India then tds is required to be deducted u/s195 because you are making the payment to a non-resident and such non-resident includes both an individual as well as a foreign company.
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