Tag: NRI property tax penalties
Taxation and Auditing
17-09-2022
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Tax implications for NRI buying property in India
If you are planning to buy a flat from an NRI, you must understand the NRI Property Tax implications in India and possible deductions on such properties while purchasing it. In case you purchase property from Non-Resident, as per the section 195, 20% of TDS deductions is applicable.
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