Get help with e-filing, investments and taxes

Search for anything below or browse by topic
Popular topics: ITR-V, Form-16, e-filing, CA-Assisted Services

1% TDS on sale of property for NRIs



  • Avatar
    Saikat Mondal

    Hello, I am planning to purchase one property in Kolkata, WB, India from NRI seller.

    Actual Sale Price=INR 35,00,000 on Feb 2019
    Actual Purchase Price=INR 10,22,200 on 2011

    My Queries:

    1> Is TDS needs to be deducted on this transaction as property value is less than 50L INR

    2> If TDS needs to be deducted, what would be the calculation and TDS amount.

    3>  Is TDS needs to be calculated on actual sale value or on the capital gain.


    Comment actions Permalink
  • Avatar

    Planning to buy property from NRI
    Seller is insisting to deduct TDS as per capital gain only
    What we should do?

    Comment actions Permalink

Please sign in to leave a comment.