Tag: TAN requirement for property purchase

Taxation and Auditing 17-09-2022

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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