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TDS- Residential property purpose of NRI

LAKSHMI KANTH (TAX CONSULTANT) (449 Points)

07 February 2020

Sir.My Indian client has purchased the above subject property from NRI, when I do the TDS, thether Surchage and Health, education cess is also applicable ? if so under what section? kindly advice

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3 Replies

Roshni (Studwnt) (1141 Points)
Replied 07 February 2020

Health and education cess @ 4% shall apply on any amount deducted from NR

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Kapadia Pravin (17259 Points)
Replied 07 February 2020

For TDS deduction from NRI payment, you must have TAN No. in your name.

LAKSHMI KANTH (TAX CONSULTANT) (449 Points)
Replied 07 February 2020

Thank you sir. I have the TAN and done the TDS without surcharge and healh, education cess. the property value is of Rs. 90,00,000. now the question is to apply surcharge and health, education cess, what is the relevant section. i have done TDS without applying the surcharge and health,education cess assuming that for the TDS provisions, surchage and health, educational cess is not applicable.