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TDS

A NRI sale a property in India value below 50 lakhs. The buyer of the property will deduct the TDS?


Gobi k

Gobi k

CA Inter

6K+

29-Dec-20 19:19

12

Answers (2)

Best Answer

When a resident buys property from an NRI, she/he must deduct TDS at 20% if the property has been held for more than two years and at 30% if the property is being sold within two years.


Suraj Lakhotia

Suraj Lakhotia

Admin

29-Dec-20 21:20