A person of indian origin and having US Citizenship has purchased flat in india. he do not have a PAN.
the flat value crosses 50 Lakhs. Please tell me how to comply the TDS rules... or please let me know if he has any relaxation.
Gajanan Joshi (Manager (Accounts & Finance)) (81 Points)
29 December 2014A person of indian origin and having US Citizenship has purchased flat in india. he do not have a PAN.
the flat value crosses 50 Lakhs. Please tell me how to comply the TDS rules... or please let me know if he has any relaxation.
Z
( )
(2965 Points)
Replied 30 December 2014
There are no exemptions,he is required to obtain PAN
How to comply?
https://www.tin-nsdl.com/TDS/TDS-FAQ.php